Not only is Israel rising in price: world food prices have broken a 10.year record

Not only is Israel becoming more expensive: The United Nations Food and Agriculture Organization (IAA) today (Thursday) updated the international food price index, which showed that world food prices rose during October and broke a ten-year record with the highest figure measured since 2011.

The Food and Agriculture Organization (FAO) food price index, which tracks international prices of the world’s most traded commodities, averaged 133.2 points last month compared to 129.2 in September. Annually, the index rose 31.3%. These are the highest figures measured since July 2011.

According to the index, the products that led to the rise in prices are grains and oils of plant origin – products that have been contributing to the rise in the index for three months.

By Editor

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