Sep 3, 2022
Food Price Index Drops, Fifth Straight Month
9/3/22 The FAO’s Food Price Index (FPI) for August came out yesterday showing the fifth straight drop in prices. Nevertheless, the figures still stand 7.9% above what they were a year ago. Cereals: down 1.4%, up 11.4% YoY Oils: down 3.3%, flat YoY Dairy: down 2%, up 23.5% YoY Meat: down 1.5%, up 8.2% YoY Sugar: down 2.1%, flat YoY Overall, prices have dropped from weaker demand, although…
View On WordPress