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Food Market: Difference between revisions
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== Price Developments == | == Price Developments == | ||
[[File:Home graph 3 | [[File:Home graph 3 oct909.jpg|alt=|center|thumb|597x597px|https://www.fao.org/worldfoodsituation/foodpricesindex/en/]] | ||
[[File:Home graph 2 sep707.jpg|thumb|https://www.fao.org/worldfoodsituation/foodpricesindex/en/]] | [[File:Home graph 2 sep707.jpg|thumb|https://www.fao.org/worldfoodsituation/foodpricesindex/en/]] | ||
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* 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 '''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" /> | * 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" /> | ||
=== Sepmteber 2023 === | |||
* The '''FAO Food Price Index*''' (FFPI) averaged 121.5 points in September 2023, almost unchanged from its value in August, as declines in the price indices of vegetable oils, dairy and meat had offset increases in the sugar and cereal price indices. | |||
* At this level, the index stood 14.6 points (10.7 percent) below its corresponding level a year ago and 38.3 points (24.0 percent) from the all-time high reached in March 2022.<ref name=":1" /> | |||
== References == | == References == | ||