09 Sep 2024 --- Prices for food commodities decreased slightly in August owing to reduced prices for sugar, meat and cereals, according to the Food and Agriculture Organization of the United Nations (FAO). Meanwhile, vegetable oils and dairy products recorded an increase. The Food Price Index, which tracks monthly fluctuations in the international prices of certain globally traded food commodities, averaged 120.7 points in August, slightly lower than the figures released in July.