January 10, 2013 / 9:19 AM / 5 years ago

World food prices fall in December-FAO

ROME (Reuters) - World food prices fell slightly in December to their lowest level since June, led by declines in cereals and oils prices, the United Nations’ food agency said on Thursday.

A labourer sits in front of stacked sacks of onions at a wholesale vegetable market on the outskirts of Jammu November 14, 2012. REUTERS/Mukesh Gupta

The FAO Food Price Index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 209 points in December, down two points from November, the Food and Agriculture Organisation (FAO) said.

For 2012 as a whole, the index averaged 212, down 7 percent compared to 2011, driven by declines in sugar, dairy products and oils, FAO said.

Reporting By Catherine Hornby

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below