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Driven by tighter supply conditions and strong demand for staple foods such as wheat and palm oil, the FAO monthly food price index averaged 130 points, an increase of 1.
5 points or 1.
2% from August
.
The trade-weighted index in September this year is 32.
8% higher than in September 2020.
The index tracks the international market prices of five major food commodities
.
The Grain Price Index rose by 2% in September compared to August; the FAO Vegetable Oil Price Index rose by 1.
7% due to the international palm oil price rising to a 10-year high; the dairy product price index rose by 1.
5% from August; the FAO Sugar Price Index In September, the month-on-month increase was 0.
5%; the meat price index in September was the same as the previous month
.
5 points or 1.
2% from August
.
The trade-weighted index in September this year is 32.
8% higher than in September 2020.
The index tracks the international market prices of five major food commodities
.
The Grain Price Index rose by 2% in September compared to August; the FAO Vegetable Oil Price Index rose by 1.
7% due to the international palm oil price rising to a 10-year high; the dairy product price index rose by 1.
5% from August; the FAO Sugar Price Index In September, the month-on-month increase was 0.
5%; the meat price index in September was the same as the previous month
.
