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Global food prices rose 1,5% in April.

May 10, 2019

13:08

Global food prices rebounded in April, reaching their highest level in 12 months, with a sharp increase in meat and dairy prices.

The FAO food price index stood at 170 points, 1,5% higher than the previous month, although it is still 2,3% below last year's level.

Cereal prices decreased by 2,8%, but dairy prices increased by 5,2%, rising for the fourth consecutive month. Meanwhile, meat prices rose by 3%, vegetable oils by 0,9%, and sugar by 0,8%.

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