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    United Nations Reports Drop in Food Price Index

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    The Costa Rica News (TCRN) –The food price index measured by the United Nations Food and Agriculture Organization (FAO) fell for the third consecutive month in June, a decrease mainly influenced by lower prices for wheat, corn and palm oil.

    The figure rose to 206 points in June 2014, ie 3.8 points (1.8%) less than in May and nearly 6 points (2.8%) less than in June 2013.

    The decline last month, for the third consecutive month, was largely due to a sharp drop in the prices of cereals and vegetable oils as a result of further improvements in the outlook for global production. Although the prices of sugar and dairy products also fell, the declines were much less pronounced. In contrast, meat prices remained stable.

    The Costa Rica News (TCRN)

    San Jose, Costa Rica

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