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Food Market: Difference between revisions
→Price Developments
(Created page with "== Price Developments == === February 2023 === * The '''FAO Food Price Index*''' (FFPI) averaged 129.8 points in February 2023, marginally down (0.6 percent) from January, c...") |
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* The '''FAO Food Price Index*''' (FFPI) averaged 126.9 points in March 2023, down 2.8 points (2.1 percent) from February, marking the twelfth consecutive monthly decline since reaching its peak one year ago. | * The '''FAO Food Price Index*''' (FFPI) averaged 126.9 points in March 2023, down 2.8 points (2.1 percent) from February, marking the twelfth consecutive monthly decline since reaching its peak one year ago. | ||
* During the past twelve months since March 2022, the index has fallen by as much as 32.8 points (20.5 percent) | * During the past twelve months since March 2022, the index has fallen by as much as 32.8 points (20.5 percent) | ||
* The decline in the index in March was led by drops in the cereal, vegetable oil and dairy price indices, while those of sugar and meat increased. | * The decline in the index in March was led by drops in the cereal, vegetable oil and dairy price indices, while those of sugar and meat increased.<ref>https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | ||
== References == | |||