FAO: World food prices fell for 11th month in a row during ‎February

The global food price index released by the Food and Agriculture Organization of the United Nations (FAO) fell for the 11^th consecutive month in February, down 19% from the record level set in March in the aftermath of the Russian invasion of Ukraine.

According to Reuters, the organization said on Friday that its index, which tracks the prices of the most traded primary food commodities in the world, averaged 129.8 points last month, down from 130.6 in January. This is the lowest reading of the index since September 2021.