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BBCNEWS World July 5, 2024



price of these items. greetings, j thank you for having me. as you mentioned, the food prices index, the climb compared to it, the decline was modest, around 2% but what is important is that the decline which we observed last march in march 2022 was over 22%. so what is behind it? let s remember that the food price index includes quotations of bulk commodities so on this international level bulk commodities, the markets depending on the specific commodity, remain relatively balanced supply and they are often quite stable. we have noticed a decline in the cereal prices when the maize and wheat prices when the maize and wheat prices decline while on the other hand rice prices increase. so it means the supply generally is quite steady while the demand remains steady. i would like to mention the case of sugar which has been, unlike other commodities, increasing recently. this is because of relatively tight conditions on the global markets and concerns about la nina on produ ....

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BBCNEWS World Business Report June 4, 2024 10:32:00

Case of sugar which has been, unlike other commodities, increasing recently. this is because of relatively tight conditions on the global markets and concerns about la nina on production. nina on production. people sitting at home who nina on production. people sitting at home who have nina on production. people sitting at home who have just nina on production. people sitting at home who have just been - nina on production. people sitting at home who have just been to - nina on production. people sitting | at home who have just been to the supermarket or been out for dinner last night, and have seen prices at levels that they are still trying to get used to, or wonder why they are not seeing this reflected in their food bills, why is there this disconnect? because it always takes some time for those prices that are declining to make their way to the food, to the items that consumers are buying. how long? it food, to the items that consumers are buying. how long? food, to the it ....

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