Global food prices fell sharply last month:
Global food prices fell sharply last month, hitting their lowest since September 2011, on increased supplies, growing global economic uncertainties and a stronger US dollar, UN body Food and Agricultural Orgnisation said today.
World food prices dipped month-on-month in November, with a fall in sugar offsetting a recovery of vegetable oils, the United Nations' food agency said on Thursday, ahead of an expected European Central Bank interest rate decision.