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World food prices reach new record

http://www.breitbart.com

World food prices hit a new record high in January after rising for a seventh consecutive month, the UN's Food and Agriculture Organisation (FAO) said Thursday, warning the poor would be hit hardest.

The FAO Food Price Index, which monitors monthly price changes for a basket of commodities, averaged 231 points in January -- up 3.4 percent from December and its highest level since FAO started measuring food prices in 1990.

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masshole's picture
Created by masshole 3 years 11 weeks ago – Made popular 3 years 11 weeks ago
Category: Commodities / Metals   Tags:

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