World food prices fall to two-year low in May - UN food agency
Summary by Reuters
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Global food costs at 2-year low but grocery bills stay high
Food-commodity prices dropped by 2.6% in May, according to the United Nations' global food-cost index. This suggests that the inflation of supermarket prices may alleviate after reaching a two-year low point, however, it is noted that the decline in commodities is taking time to reach consumers as transportation, labour and energy costs remain high.
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Total News Sources16
Leaning Left2Leaning Right4Center3Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 22%
C 33%
R 44%
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