Finance

World food prices increase in April, UN's FAO says

Published by Global Banking and Finance Review

Posted on May 2, 2025

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(Fixes spelling of dairy in paragraph 1)

LONDON (Reuters) - Global food commodity prices increased in April, driven by higher prices for cereals, meat and dairy products, the United Nations' Food and Agriculture Organization said on Friday.

The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 128.3 points in April, up 1% versus the March estimate of 127.1 and 7.6% higher than the same month last year.

(Reporting by May Angel; Editing by MarkPotter)

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