World food prices fell for second month

Source: Bloomberg
© Scanpix/Reuters
World food prices decreased for a second consecutive month in June, being led by declines in sugar and diary prices. The index that traces 55 food items dropped 0.9% to 211.3 in June from 213.2 in May. The gauge reached its record high of 237.9 in February 2011. The sugar prices slid 3% from last month, while the dairy prices fell 4.3%.

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