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

Source: FAO
Posted by: Information Services
Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.