The Food and Agriculture Organization of the United Nations (FAO) stated that global food prices rose to their highest level in nearly four years in September, driven by logistical disruptions and weather factors.
According to Reuters, the FAO Food Price Index—released on Friday (October 2)—averaged 136.0 points in September, up from a revised 134.0 points in August and marking the highest level since November 2022.
This index tracks monthly changes in the international prices of a basket of food commodities.