Food commodity prices have now stabilized after surging early this year while a weak dollar may reduce inflationary pressures in many countries, a senior United Nations economist said on Wednesday.
"It looks like from March onwards we have arrested the rise. It has basically remained flat,"economist Abdolreza Abbassian of the Rome-based U.N. Food and Agriculture Organization told Reuters in a telephone interview.
Abbassian said the weakness of the dollar was also becoming an increasingly important influence, reducing the cost of food commodities in national currency terms for many importers.
