Financial Times FT.com

Wholesale food prices stabilise

By Javier Blas

Published: July 18 2008 03:00 | Last updated: July 18 2008 03:00

Global wholesale food prices remained stable in June for a fourth consecutive month, the United Nations' Food and Agriculture Organisation said yesterday, writes Javier Blas in London.

However, FAO officials warned that although wholesale food prices were moderating, retail prices were likely to continue rising as food companies passed earlier increases on to consumers.

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