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 Cereals, which is down 0.4 percent YOY.
Compared to January’s figures, however, the picture is more mixed. The Meat, Cereals, and Oils subindexes are down 2.0 percent, 0.9 percent, and 10.3 percent, respectively. The Dairy and Sugar indexes, conversely, are up 4.6 percent and 4.5 percent, respectively, from January.
FAO Food Price Indexes
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