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Food price index hits record high

 Last Update: 2022-05-11
 Source: Internet
 Author: User

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According to the Philippine "Business Mirror" (Business Mirror) reported on April 14, according to the United Nations Food and Agriculture Organization ( FAO ) data, the conflict between Russia and Ukraine has hit the staple food and vegetable oil markets, and world food commodity prices have jumped sharply.
In March, FAO The average food price index was 159.
3 points, up 12.
6% month-on-month and 33.
6% year-on-year, reaching the highest level in history
.
Among them, the cereal price index rose by 17.
1% month-on-month, the vegetable oil price index rose by 23.
2% month-on-month, the sugar price index rose by 6.
7% month-on-month, the meat price index rose by 4.
8% month-on-month, and the dairy product price index rose by 2.
6% month-on-month
.

Philippine Grain FAO Vegetable Oil Price

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