World food prices rise to two-year high in July, FAO says
The FAO Food Price Index, which serves as a global benchmark for food commodity prices, averaged 130.1 points in July 2025, marking a 1.6% increase from June, FAO said.
That was the highest reading since February 2023, though the index was 18.8% below its peak of March 2022, which followed Russia's full-scale invasion of Ukraine.
In July, gains for meat and vegetable oil prices outweighed declines observed in cereal, dairy and sugar, FAO said.
(Reporting by Gus Trompiz; Editing by Alex Richardson)
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