Global food prices see a decline in October

International food prices experienced a downward trend during October 2026. Data from the Food and Agriculture Organization (FAO) revealed that the price index reached 133.9 points, following the 135.6 points recorded in September. This monthly decrease was driven by sluggish import demand, leading to cheaper costs for grains, dairy products, and meat. Despite this dip, the organization noted that prices remain 5.9 percent higher compared to the same period last year.