World food prices surge in September

World food prices surge in September
 

World food prices were up in September, driven largely by the rising cost of sugar, the UN's food agency says.
The Food and Agriculture Organisation's (FAO) food price index found prices had increased by 10% year on year and 2.9% on August.
However, it stressed prices remained "relatively low" and the outlook for the global food market was "stable".
"A lot of the September increase has to do with sugar," said FAO senior economist Abdolreza Abbassian.
The FAO's index measures the monthly changes in price of a basket of commodities, including meat, dairy... read more

 
6 October 2016 in Business, Views: 43
Source: BBC
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