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According to a report published on the official website of the Food and Agriculture Organization of the United Nations, in October this year, the FAO Food Price Index, which tracks the monthly changes in the international price of the global food basket, averaged 133.
2 points, up 3% from the previous month, and the price index rose for three consecutive months, setting a record in 2011.
New high since July
.
2 points, up 3% from the previous month, and the price index rose for three consecutive months, setting a record in 2011.
New high since July
.
The price index surged month-on-month mainly due to the continuous increase in global vegetable oil prices and grain prices
.
.
Among them, vegetable oil prices rose the most, up 9.
6% month-on-month, a record high
.
6% month-on-month, a record high
.
The FAO Cereal Price Index increased 3.
2% month-on-month in October
.
At the same time, world wheat prices have risen by 5% due to declining harvests in major exporting countries including Canada, Russia, and the United States, which has curbed global supply
.
2% month-on-month in October
.
At the same time, world wheat prices have risen by 5% due to declining harvests in major exporting countries including Canada, Russia, and the United States, which has curbed global supply
.
