{"id":52489,"date":"2025-01-04T11:54:19","date_gmt":"2025-01-04T11:54:19","guid":{"rendered":"https:\/\/new.igihe.com\/fao-reports-2-1-drop-in-global-food-prices-for-2024\/"},"modified":"2025-01-05T15:42:16","modified_gmt":"2025-01-05T15:42:16","slug":"fao-reports-2-1-drop-in-global-food-prices-for-2024","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/fao-reports-2-1-drop-in-global-food-prices-for-2024\/","title":{"rendered":"FAO reports 2.1% drop in global food prices for 2024"},"content":{"rendered":"<p>According to the FAO, the Food Price Index for 2024 stood at 122 points, 2.6 points lower than the 2023 average. <\/p>\n<p>Despite a general upward trend in most food categories\u2014such as dairy, meat, and vegetable oils\u2014this increase was not enough to counterbalance the declines in cereals and sugar.<\/p>\n<p>The FAO Cereal Price Index saw a notable decrease of 13.3% in 2024 compared to 2023, while the Sugar Price Index dropped by 13.2% year-on-year.<\/p>\n<p>The report attributes the decline in cereal prices to falling wheat and coarse grain prices, which had a major impact on the overall food price landscape.<\/p>\n<figure class=\"spip-document spip-document-79793\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/arton47595-2.jpg\" alt=\"FAO has reported 2.1% drop in global food prices for 2024. \" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The United Nations Food and Agriculture Organization (FAO) released a report on Friday revealing a 2.1% drop in global food prices for 2024 compared to the previous year, with significant reductions in cereal and sugar prices playing a key role.<\/p>\n","protected":false},"author":62,"featured_media":2000079791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-52489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000079791,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton47674.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/52489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=52489"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/52489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000079791"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=52489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=52489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=52489"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=52489"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=52489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}