World food prices decline for the 12th consecutive month running in March
It is difficult to predict the exact food prices in 2023, as they are influenced by a variety of factors such as weather conditions, supply chain disruptions, and global economic conditions.
While declining food prices may benefit consumers, it is important to ensure that farmers and producers are still able to receive fair compensation for their work to maintain a sustainable food system.
The Rome-based organization says the decline in the index reflects the fall in food, vegetable oil, and dairy products prices, and offsets the rise in sugar and meat prices.