FAO Food Price Index down for a second month

FAO’s Food Price Index for March 2020 fell 4 percent from February (adjusted for inflation). The Price Index for March was still up 2.7 percent YOY, though that is the lowest monthly YOY increase in seven months. For 2020 to date, the Food Price [...]

Mixed moves in February for Food Price Indexes

For February, FAO is reporting its overall Food Price Index (inflation adjusted) down 1.0 percent from January 2020, though still up 8.1 percent from February 2019. Year on year, the individual subindexes are up by high single digits or higher. The one exception is [...]

Growth for most food price indexes at close of 2019

In December 2019, the FAO Food Price Index (FFPI) saw growth of 12.5 percent YOY (all figures adjusted for inflation). The FFPI saw YOY in the seven months from July through December, allowing the index to close 2019 down just 0.2 percent YOY. Of [...]

Sugar Price Index moves higher for seventh month

For October 2019, FAO reported its Sugar Price Index (deflated) up 1.7 percent from the same month last year and up 5.8 percent from September 2019. This is the seventh consecutive up month following almost two years of year-on-year declines. The composite Food Price [...]

Sugar Price Index clocks fifth month of gains

Sugar price index up YOY: FAO’s sugar price index was up 11.1 percent YOY in August (adjusted for inflation). This marks the fifth straight month of YOY gains after nearly two years of declines. For 2019 to date, the Sugar price index is still [...]

Food prices up for first time since 2017

In July, FAO’s Food Price Index (deflated) saw its first YOY increase in 22 months. July’s Index was up 2.3 percent YOY, a considerable difference from the previous 12 months, which saw an average YOY decline of 6.4 percent. Looking at individual subindexes, both Meat and Sugar continued their [...]

FAO Sugar Price Index finally showing gains?

After falling 2.8 percent in 2018, FAO’s Food Price Index (FFPI) is down 2.7 percent YOY for the first four months of 2019. (The index, adjusted for inflation, uses as baseline food price data from 2002 through 2004.) Looking at monthly data, April 2019 [...]