Photo credit: Jean-Pierre Bluteau

The FAO Food Price Index rose for the third consecutive time in August to hit a a six-month high in August. The 2 percent increase was driven by cereals, vegetable oils, and sugar prices.

Photo credit: IITA

The FAO Food Price Index rose slightly in July by 1.2 percent. This increase, while marginal, marks the second consecutive monthly rise in food prices. Rising vegetable oil, dairy, and sugar prices drove the overall higher index.

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The FAO Food Price Index rose in June, making the first such increase in 2020. Higher prices for vegetable oils, sugar, and dairy products drove the 2.4 percent increase.

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The FAO Food Price Index plunged to a 17-month low in May, driven in large part by sustained negative economic impacts of the COVID-19 pandemic. Prices across all sub-indices declined with the exception of sugar prices.

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The FAO Food Price Index fell for the third consecutive month in April as global markets continue to see the effects of COVID-19. The 3.4-percent decrease brought the Index to the lowest point seen since January 2019.

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After four straight months of increases, the FAO Food Price Index declined slightly in February. The one percent drop was driven mainly by significant decreases in vegetable oil prices and more moderate decreases in meat and cereal prices. The Index remains above its February 2019 levels by 8.1 percent.

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By: Sara Gustafson

The FAO Food Price Index continued to rise in January for the fourth consecutive month. While the month-on-month increase from December was marginal (0.7 percent), the Index reached 11.3 percent higher than its January 2019 levels. The increase was driven mainly by vegetable oil prices, although cereal prices also played a role to a lesser extent.

Photo credit: Tri Saputro/CIFOR

Strong rebounds in global vegetable oil prices, as well as sugar and dairy prices, drove the FAO Food Price Index to its highest point in five years in December. The December Index rose by 4.4. percent from November, the third such consecutive monthly increase, and reached 181.7 points.

Despite this surge, however, the overall Index for 2019 only rose by 3.3 percent from 2018 levels and remained well below the record 230 points set in 2011.

Photo credit: Neil Palmer/CIAT

The FAO Food Price Index reached a 26-month high in November and rose almost 10 percent above November 2018 levels. This significant increase was driven mostly by meat and vegetable oil prices.

Photo credit: Tri Saputro/CIFOR

In January 2018, the FAO Food Price Index rose by 1.8 percent from its end-of-the-year levels. This increase was driven mainly by a sharp rise in dairy prices, as well as slighter increases in vegetable oil and sugar prices. The Index remained 2.2 percent below January 2017 levels, however.

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