Food Price Index

In August, many consumers were happy to hear that grocery store food prices fell 0.1% from July to August.  However, the Food Price Index during September did a big bounce back, going up by almost half a percent.   “That is the highest monthly growth in grocery prices since January," noted USDA economist Megan Sweitzer.  She added the Amer...

The United Nations’ Food and Agriculture Organization says its Food Price Index stood at 120.7 points in August, down marginally from July. Decreases in the price indexes for sugar, meat, and cereals outweighed increases for those in vegetable oils and dairy products. The ...

The February FAO Food Price Index averaged 131.2 points in January 2023, down 1.1 points, or 0.8%, from December, marking the 10th consecutive monthly decline.  With this latest decline, the index has fallen 28.6 points, 17.9%, from its peak in March 2022.  ...

The United Nations Food and Agricultural Organization’s Food Price Index dropped during December, but 2022 food prices were 18% higher year-over-year.  The December index averaged 132.4 points, 2.6 points below November, the ninth-straight monthly decline.  The December ...

The FAO Food Price Index averaged 135.7 points in November 2022, virtually unchanged from October.  The index offered month-on-month decreases in the price indices for cereals, dairy and meat, nearly offsetting increases in vegetable oils and sugar.  At...

The FAO Food Price Index averaged 135.9 in October, virtually unchanged from September.  The UN’s Food and Agriculture Organization says a higher Cereal Price Index countered drops in the indices for vegetable oils, dairy, meat, and sugar.  With the late...

Global food prices fell by the biggest amount since 2008 due to easing concerns over the supplies of grains and vegetable oils as Ukraine restarted its exports.  The United Nations world food cost index dropped almost 9% in July.  According to Bloomberg, the index is at its lowest level since January before Russia’s attack on Ukraine helped push the cost of food close to record levels.  It’s the f

The latest Food Price index declined 1.2 points in December but remained 23% higher than a year ago. The index from the Food and Agriculture Organization of the United Nations averaged 133.7 points in December. Except for dairy, the values of all sub-indices registered monthly declines ...

The USDA says the Consumer Price Index for Food moved higher in November, rising 0.5% from October to reach levels that are 6.1% higher year-over-year. The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home ...

Emerging markets across the globe that are struggling to get COVID-19 vaccines may be in for yet another serious challenge: food inflation. The United Nations Food and Agriculture Organization said last week that its global food price index hit its highest mark since September of 2011 ...