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Podcast: The Afternoon Update with Lynlee Foo
Episode: Eco Money: Sugar prices climb to decade plus high
Description: The latest report from the Food and Agriculture Organization of the United Nations - showed that its Food Price Index rose by 0.6% month on month in April. Now this might not sound like much, but - this marks the first increase in the FFPI since March 2022, when prices rose by 13.1% on month in the wake of Russia’s February 2022 invasion of Ukraine. In terms of the constituent groupings, the increase was driven by a 1.3% m-o-m rise in meat prices and a 17.6% m-o-m rise in the price of sugar. To help us understand what’s drivi...