World food prices increased by 1.9 percent in August, reaching their highest level since the end of 2022, as adverse weather conditions and war-related shipping disruptions in the Persian Gulf and the Black Sea increased concern about the supply of basic agricultural products.
The world food price index, compiled by the Food and Agriculture Organization of the United Nations (FAO), which tracks monthly changes in prices of cereals, oilseeds, dairy products, meat and sugar, rose to 133.3 in August from the revised level of 130.8 in July.
The index was first announced as 131.1 in July.
