The cost of food on world commodity markets is declining according to the latest figures released by the Food and Agriculture Organization, FAO.

The UN agency’s Food Price Index for January, was 1.9 per cent below its December 2014 level.

Abundant supplies and the low cost of oil have been driving the price decreases.

Sandra Ferrari has been talking to Concepción Calpe, a senior economist with FAO.

Duration: 2’30”