Global Food Prices Rise And Fall 2024 Worldwide. Food price inflation is set to fall sharply after large price rises for consumers in recent years, according to a major lender to agribusinesses, as production of agricultural commodities. Global prices have risen by more than 3% since july, reaching levels not seen since 2011.
Since the last update on october 18, 2024, the agricultural and cereal price indices closed 1 and 2 percent higher, respectively; The food price index is designed to capture the combined outcome of changes in a.