The food and agriculture organization reports a 0.9 percent increase in global food prices for May, marking the third consecutive month of upward movement. This rise comes after a period of decline from the record highs set in March 2022.

Global food prices rise for third month in May

The Food and Agricultural Organization said Thursday that food prices reached a 10-year high in 2021, rising by an average of 28 per cent compared to the previous year.

Global food prices rose ‘sharply’ during 2021, hitting a 10-year high: UN

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Global food prices rise for third month in May

Global food prices rose ‘sharply’ during 2021, hitting a 10-year high: UN