FAO food price index up 3.6% in 2020

FAO reported the world food price index for 2020 up 3.6 percent from 2019 (adjusted for inflation). This follows a modest annual increase of 1.4 percent in 2019 after the price index hit a 12-year low in 2018. The key subindexes showing growth in [...]

World food prices up 6.5%

FAO’s Food Price Index (FPI) for October was up 3.1 percent from the previous month. Year on year, the October FPI was up 6.5 percent. (All figures are adjusted for inflation; the index baseline comes from 2014 to 2016 prices.) Nearly all the price [...]

Food Price Index rises for second month

Adjusted for inflation, the September FAO Food Price Index was reported up 2 percent from August and up under 6 percent YOY. This is the fourth straight month of monthly gains but only the second straight month of YOY gains. Month on month, most [...]

FAO’s Food Price Index at 17-month lows

FAO reports that its Food Price Index (FPI) fell in May for the fourth consecutive month, bringing the Index to its lowest level since December 2018, a 17-month low. Adjusted for inflation, May’s FPI fell 2 percent from April and was down 6 percent [...]

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 [...]

Food price indexes still trending lower

In the first half of 2018, the food price index saw monthly YOY averaging -0.3 percent. The decline in food prices has accelerated since, and the monthly YOY decline now averages -2.8 percent from January through October. The reduction has accelerated: down 1.5 percent [...]