Tag Archives: food price index

FAO Food Price Index hits a six-month low in July

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The FAO Food Price Index decreased for a fourth consecutive month in July mainly due to a sharp decline in international prices for maize, wheat and certain oilseeds, reflecting ample supplies for these commodities.

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FAO Food Price Index sees sharp increase

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The United Nation’s Food and Agriculture Organization’s (FAO) Food Price Index rose sharply in March, up 4.8 points, or 2.3%, to an average of 212.8, the highest level since May 2013.

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Global food prices continue to drop

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The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012.

The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points (or 5.1 percent) less than in August 2012.

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FAO Food Price Index

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The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices (representing 55 quotations), weighted with the average export shares of each of the groups for 2002-2004.

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Dairy nudges FAO Food Price Index higher by one percent

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The FAO Food Price Index (FPI) crept higher by one percent in March compared with a month before, driven mainly by an 11 percent increase in dairy. Dairy products carry a 17 percent weight among the various commodity prices included in the calculation of the overall FPI.

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