FAO Food Price Index

According to the Food and Agriculture Organisation (FAO) of the United Nations, FAO Food Price Index (FFPI) is a measure of the monthly change in international prices of a basket of food commodities. It is the average of five commodity price indices weighed with the average export shares of 2014-16. The commodities include meat, diary, cereals, vegetable oils and sugar. In November 2020, the value of FFPI was at its highest since December 2014.

Leave a Reply

Your email address will not be published. Required fields are marked *