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World food prices fall 1.3% in October 2017

World food prices fell slightly in October from the previous month, as valuations dropped for all food commodities, the United Nations food agency said on Thursday.

Prices remain 2.5 percent higher than they were last October but are now 27 percent below the record high hit in February 2011.

Agricultural commodities have emerged from a highly volatile period and the U.N. Food and Agriculture Organization (FAO) has said it expects them to remain stable over the next decade.

The FAO index which measures monthly changes averaged 176.4 points in October, down 1.3 percent from September.

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