Global food prices rose 3.6 per cent in November to within reach of the peaks of the 2007-08 crisis, the United Nation’s Food and Agriculture Organisation said.
The increase will heighten concerns over food inflation in countries such as China and India as well as renewing fears of a repetition of the wave of food riots that rocked poor countries from Bangladesh to Haiti two years ago.
The FAO’s food price index – a basket of wheat, corn, rice, oilseeds, dairy products, sugar and meats – rose to 205.4 points in November, less than 4 per cent below the record level of 213.5 touched in June 2008.
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