World food price index rebounds in March - UN FAO

Reuters| Paris | France

Updated: 05-04-2024 13:38 IST | Created: 05-04-2024 13:38 IST

The United Nations food agency's world price index rose in March, breaking a run of seven consecutive monthly declines.

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.3 points in March, up from a revised 117.0 points the previous month, the agency said on Friday.

The February reading was a three-year low for the index.

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