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Friday, February 04, 2011

World food prices surge to new historic peak

Rome - World food prices surged to a new 'historic' peak in January, for the seventh consecutive month, according to the updated UN Food and Agriculture Organisation's Food Price Index, the agency said Thursday.

The index - a commodity basket that regularly tracks monthly changes in global food prices - averaged 231 points in January and was up 3.4 per cent from December 2010.


Full article:

http://www.monstersandcritics.com/news/business/news/article_1616745.php/World-food-prices-surge-to-new-historic-peak

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