FAO: New Peak in Global Food Prices

Author: AfricaNewsPublished on: April 3, 2026Country: Global

Business & Economy

Global food prices continued to rise in March, averaging 128.5 points according to the latest FAO report. This 2.4% increase from February is primarily driven by rising energy prices linked to the Middle East conflict. Vegetable oils saw the most significant increase, rising by 5.1% since February and 13.2% year-on-year.

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