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World food prices fall in August

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9 years ago

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Rome: World food prices had their most dramatic one-month fall in nearly seven years in August, the UN Food and Agriculture Organisation (FAO) reported.

It the 16th time in 17 months that the index declined, a news agency quoted the UN Food and Agriculture Organisation report as showing on Thursday.

The overall FAO Food Price Index fell 5.2 percent compared to July, its biggest one-month decline since December 2008, with prices pushed lower by strong production in most food commodity groups.

Prices for grains and cereals, the largest component in the index, fell seven percent compared to July and are now 15.1 percent lower than a year ago.

Rice prices remain stable based on high demand in China and elsewhere in Asia, but wheat and corn prices dropped dramatically amid strong production forecasts.

Almost all commodity prices fell, with oils and fats down 8.6 percent, milk prices 9.1 percent lower, sugar prices 10.0 percent lower, while meats edged only slightly lower, the only commodity group to buck the trend of dramatic slides.

The next installment of the FAO index, which is based on a basket of 55 goods and 73 price quotations in five major food commodity groups, will be released on October 8.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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