World food prices dip, hurt by coronavirus


The Food and Agriculture Organization (FAO) food priceindex, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 180.5 points last month, down 1.0% on January.

ROME: World food prices slipped in February, ending four months of successive increases, with the spread of coronavirus dampening demand for some products, the United Nations food agency said on Thursday.

The Food and Agriculture Organization (FAO) food priceindex, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 180.5 points last month, down 1.0% on January.

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