Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

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 === 5. Food Prices ===
 Past Developments: [[Food Market]]
-* 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 127.2 points in April 2023, up 0.8 points (0.6 percent) from March and standing 31.2 points (19.7 percent) below its value in the corresponding month last year<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)
+*The slight rebound in the FFPI in April was led by a steep increase in the sugar price index, along with an upturn in the meat price index, while the cereals, dairy and vegetable oil price indices continued to drop
-*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===
 Past Developments: [https://www.investmentwiki.org/wiki/Energy_Industry#Price_Developments Energy Industry]