According to the report published recently by the Food and Agriculture Organization (FAO) of the United Nations, the FAO Food Price Index for 2024 is 2.1 percent lower than the 2023 figure and 20.7 percent below the peak recorded in March 2022. Data presented by the State Statistics Committee of Azerbaijan shows that the food products’ Consumer Price Index (CPI) reached 101.1% in 2024 compared to 2023. In other words, while global food p...

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