The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 124.3 points in December, down from 125.1. - Photo: Reuters
SOUTH-EAST ASIA (Reuters): World food prices declined for a fourth consecutive month in December, marking the lowest average since January, the United Nations' Food and Agriculture Organization said on Friday.
The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 124.3 points in December, down from 125.1 in November and 2.3% lower than a year earlier.
For the full 2025 year, the index averaged 127.2 points, up 4.3% from 2024, led by higher vegetable oil and dairy prices, while cereal and sugar quotations fell. - Reyters
