Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

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 === 5. Food Prices ===
+* 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 129.8 points in February 2023, marginally down (0.6 percent) from January, continuing the downward trend for the eleventh consecutive month.<ref>https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref>
+*During the past twelve months since March 2022, the index has fallen by as much as 32.8 points (20.5 percent)
-* With the latest decline, the index has fallen 29.9 points (18.7 percent) from the peak it reached in March 2022.
+*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>
 ===6. Energy===