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Food prices set to decline but market risks to rise: OECD and FAO

Mr Gurria cautioned against complacency, saying "we cannot rule out the risk of new price spikes in the coming years".


A VARIETY of factors, including lower oil prices, should lead to a gradual decline in food prices (allowing for inflation) over the coming decade, a joint report from the Organisation for Economic Co-operation and Development (OECD) and the United Nations Food and Agriculture...

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