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Global food prices climbed 1.6% in February, driven by increases in sugar, dairy, and vegetable oil.
Global food prices rose 1.6% in February, hitting 127.1 points, according to the FAO.
Sugar, dairy, and vegetable oil prices drove this increase, up 6.6%, 4%, and 2% respectively.
Rising energy costs and unfavorable weather conditions are key factors.
Meat prices slightly declined, but remain 4.8% higher year-over-year.
The FAO predicts a modest 1% increase in global wheat production to 796 million tonnes in 2025, with rice production reaching a record high.
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Los precios mundiales de los alimentos subieron un 1,6% en febrero, impulsados por aumentos en el azúcar, la leche y el aceite vegetal.