FAO Food Price Index rises sharply
Global food commodity prices rose sharply in November to their highest level in nearly six years, according to a benchmark United Nations report released on 3 December 2020.
The FAO Food Price Index averaged 105.0 points during the month, up 3.9 percent from October and 6.5 percent higher than its value a year earlier. The monthly increase was the sharpest since July 2012, putting the index at its highest level since December 2014, the Food and Agriculture Organization said.