Food Prices Hit Highest Level in a Decade

Food Prices Hit Highest Level in a Decade
A customer shops for meat at a Safeway store in San Francisco on Oct. 4, 2021. Justin Sullivan/Getty Images
Tom Ozimek
Updated:

Food prices across the world have risen to their highest levels in a decade on the back of tightening supply conditions coupled with robust demand, according to the Food and Agriculture Organization of the United Nations (FAO).

The FAO’s food price index, which measures world food commodity prices, has surged by 32.8 percent in the 12 months through September, coming in at a reading of 130 points, a level not seen since 2011. On a month-over-month basis, the index rose 1.2 percent.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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