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The Food Price Index for November released by FAO was 134.
4 points, which was higher than the revised index of 132.
8 points in October (previously 133.
2 points)
.
4 points, which was higher than the revised index of 132.
8 points in October (previously 133.
2 points)
.
The price index in November hit the highest value since June 2011, an increase of 27.
3% over the same period last year
.
3% over the same period last year
.
The prices of agricultural products have risen sharply in the past year because of the decline in production and strong demand
.
.
FAO also lowered its estimate of global cereal production in 2021 to 2.
791 billion tons, which is lower than the 2.
793 billion tons estimated a month ago, but it is still a record high
.
791 billion tons, which is lower than the 2.
793 billion tons estimated a month ago, but it is still a record high
.