Global food price index climbs on back of 8 percent hike for cooking oil
Published: 07 Apr. 2024, 17:54
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- SHIN HA-NEE
- [email protected]
![A shopper walks past an aisle where cooking oils are displayed at a discount mart in Seoul on Sunday. The prices of oils and fats drove up the the global food price index with an on-month hike of 8 percent. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/04/07/855aef7d-d661-461c-9efc-8e86f4b46ab8.jpg)
A shopper walks past an aisle where cooking oils are displayed at a discount mart in Seoul on Sunday. The prices of oils and fats drove up the the global food price index with an on-month hike of 8 percent. [YONHAP]
A shopper walks past an aisle where cooking oils are displayed at a discount mart in Seoul on Sunday.
The global food price index tallied by the United Nations Food and Agriculture Organization increased to 118.3, up 1.1 percent in March compared to a month prior. This marks the first upward turn in food prices in eight months.
The prices of oils and fats drove up the figure with an on-month hike of 8 percent.
with the Korea JoongAng Daily
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