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Commodity News Details
Commodities Buzz: Global Food Prices Record Second Monthly Uptick
03-May-2024 17:02
FAO Food Price Index (FFPI) stood at 119.1 points in April 2024, up 0.3 points (0.3 percent) from its revised March level, as an increase in the price index for meat and smaller upturns of vegetable oil and cereal indices slightly more than offset decreases in those for sugar and dairy products. Although it registered a second monthly uptick in April following a seven-month long declining trend, the FFPI was down 9.6 points (7.4 percent) from its corresponding value one year ago.

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