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Food Price Index
January 12 , 2021
1324 days
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- The Food and Agriculture Organization recently released the Food Price Index.
- It rose in December 2020 for the seventh month in a row.
- It measures monthly changes in international prices of cereals, dairy products, oilseeds, meat and sugar.
- For the year of 2020, the food price index was 97.9 point.
- This is a three-year high and 3.1 % increase as compared to that of 2019.
- The historical peak of the food price index occurred in 2011.
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