World food prices have broken a record

World prices for basic food products and raw materials in 2020 have broken a record in the last three years reports TASS citing Food and UN agricultural organization (FAO).

The index rose last December to 107.5 points, or 2.2 percent compared to November, when the index was recorded at its highest level in almost six years.

At the same time, the average index of the 2020 index turned out to be 3.1 percent more compared to the previous year. However, it is 25 percent lower than the record index recorded in 2011.

The Vegetable Oil Price Index rose 4.7 percent in December, while the cereal price index increased 6.6 percent compared to 2019. The dairy price index, which rose 3.2 percent in December from November, has been growing for seven straight months.

At the same time, FAO does not associate the rise in food prices solely with the pandemic, which mainly led to some interruptions and delays in supplies. According to experts, price dynamics depends on the ratio of supply and demand.

Earlier it was reported that in 2021 the Russians decided to save on food and give up bad eating habits. About a third of those surveyed (31 percent) are going to spend less money on food next year. The majority of respondents, 74 percent, expressed dissatisfaction with their current eating habits and wanted to change them.