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UN says global food prices have reached their highest mark in a decade

Global food prices were at their highest level in nearly a decade in May, soaring 40 per cent above costs a year ago, the UN Food and Agriculture Organization (FAO) has said.

The FAO’s food price index has now risen for 12 consecutive months to reach its highest value since September 2011, driven by the rising costs of vegetable oils, sugar and cereals.

  • ABC News

Prices rose by 4.8 per cent from April …

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