FAO food price index falls 1.2% in October as sugar rises for fourth month
The UN Food and Agriculture Organization’s October food price index averaged 133.9 points, down 1.2% from September’s revised 135.6 but still 5.9% above a year earlier. Lower cereal, dairy and meat prices outweighed increases in sugar and vegetable oils. The sugar index rose 6.6% for its fourth consecutive monthly increase, reaching its highest level since December 2024 and standing 28.8% above a year earlier.