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Soaring food prices to finally stabilise

  • 16/05/2008
  • FAO

The soaring food prices that have triggered global political and economic turmoil over the past year have finally shown the first tentative signs of stabilising. The United Nation's Food and Agriculture Organisation food price index, considered the best measure of global food inflation, saw its first decline in 15 months in April, as wheat, dairy, sugar and soyabean prices fell.