Most of all, milk, grains and meat have risen in price. The average value of the food price index in the world in June this year, calculated by the Food and Agriculture Organization (FAO), increased by 1.4% compared to May and by 7% compared to June of last year. Thus, the growth of world food prices continues for the second month in a row, the press service of the organization. Growth was associated with a noticeable increase in prices for dairy products, cereals and meat, while prices for sugar and vegetable oils fell. Thus, the average value of the price index for dairy products increased by 8.3%, approaching the maximum level for the last three years. The value of the grain price index increased by 4.2% compared to May and is the highest indicator for the last year. The average value of the price index for meat increased by 1.8%, its growth continues for the sixth consecutive month. At the same time, the average value of the sugar price index is 13.4% lower than the level of May, which became a minimum for 16 months. And the value of the price index for vegetable oils decreased by 3.9% due to the fall in prices for palm and soybean oil. Food Price Index FAO - indicator of the change in the international price of a basket of food commodities per month. It is calculated on the basis of the average values ??of the price indices for the five commodity groups weighed against the average share of each group in the global export. Recall that in Ukraine in May 2017, food prices rose by 2.4% compared with the previous month.

Original article: UN: Foods in the world rise in price for the second consecutive month.