World Food Prices

Sugar prices led December's monthly decline, dropping 5.1 per cent month-on-month thanks to improving sugarcane crop prospects in the main producing countries to stand 10.6 per cent below its December

December marked the second policy review meeting for the external members, who have a fixed four-year term

An index of food-commodity prices created by the United Nations' Food and Agriculture Organization rose to the highest level since August last year, according to data released

Ensuring food safety is a public health priority and an essential step towards achieving food security

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An index of food-commodity prices created by the United Nations' Food and Agriculture Organization fell about 10 per cent in 2023, according to data released on Friday.

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5% from November

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally-traded food commodities, averaged 122.3 points in June

World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of Ukraine, the United Nations food agency said

The continued decline offers some relief to households grappling with a cost-of-living crunch. The index is down for seventh month, its longest slump in 9 years, and food inflation has begun to slow

FAO's cereal price index rose 1.5 per cent month-on-month in September, with wheat prices climbing 2.2 per cent

The index fell to the lowest since January, before Russia's blockade of ports in Ukraine

High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu

Agricultural commodity prices have risen steeply in the past year, driven by harvest setbacks and strong demand

FAO's food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points last month, the highest reading since September 2011

On a year-on-year basis, prices were up 32.9% in August.

Food prices have always been cyclical, and most agricultural futures are now off their peaks from early May

On a year-on-year basis, prices were up 33.9% in June.

World food prices increased for an 11th consecutive month in April, hitting their highest level since May 2014, with sugar leading a rise in all the main indices, says the United Nations food agency

World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said