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Food Market: Difference between revisions
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== Price Developments == | == Price Developments == | ||
[[File:Home graph | [[File:Home graph 3 sep707.jpg|alt=|center|thumb|597x597px|https://www.fao.org/worldfoodsituation/foodpricesindex/en/]] | ||
=== February 2023 === | === February 2023 === | ||
* 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 name=":1">https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | * 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 name=":1">https://www.fao.org/worldfoodsituation/foodpricesindex/en/</ref> | ||
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* The '''FAO Food Price Index*''' (FFPI) averaged 123.9 points in July 2023, up 1.5 points (1.3 percent) from June but remaining 16.6 points (11.8 percent) below its value in the corresponding month last year.<ref name=":1" /> | * The '''FAO Food Price Index*''' (FFPI) averaged 123.9 points in July 2023, up 1.5 points (1.3 percent) from June but remaining 16.6 points (11.8 percent) below its value in the corresponding month last year.<ref name=":1" /> | ||
* The FFPI’s rebound in July was led by a solid rise in the vegetable oils price index, partially offset by a significant decline in the sugar price index, together with small decreases in the price indices for cereals, dairy and meat. | * The FFPI’s rebound in July was led by a solid rise in the vegetable oils price index, partially offset by a significant decline in the sugar price index, together with small decreases in the price indices for cereals, dairy and meat. | ||
=== August 2023 === | |||
* The '''FAO Food Price Index*''' (FFPI) averaged 121.4 points in August 2023, down '''2.6 points (2.1 percent) from July''', reversing the rebound registered last month and pushing the index as much as '''38.3 points (24.0 percent) below its peak reached in March 2022.''' | |||
* The drop reflected declines in the price indices for dairy products, vegetable oils, meat and cereals, while the sugar price index increased moderately.<ref name=":1" /> | |||
== References == | == References == | ||