Friday, February 6, 2026 at 10:55 AM
The FAO reported a decline in world food prices for the fifth consecutive month, primarily due to lower prices in dairy, sugar, and meat, despite a slight increase in cereal prices.
The reduction signals further caution as concerns that global supply will outstrip demand continue to weigh on markets.
The benchmark consumer-price index rose 2.0% from a year earlier in January, slowing from a 2.3% gain in December, the Ministry of Data and Statistics said.
China’s consumer inflation softened at the start of 2026 after hitting a near three-year high in December, weighed down by falling food prices.
The food-and-beverage giant is aiming to bring ‘more value’ after years of lifting consumers’ costs in snack aisles.
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