FAO: Global food prices fell in March
According to data published on the website of the Food and Agriculture Organization of the United Nations (FAO) on Friday, the overall price index was 126.9 points in March, which is a decrease of 2.8 points (2.1 percent) compared to February. This was the 12th consecutive monthly decline.
Together with the decrease in March, the index was already 32.8 points (20.5 percent) away from its peak reached in March 2022.
The weakening of the overall index in March was caused by the drop in the grain, vegetable oil and milk price indices, while those of sugar and meat rose.
The FAO food price index is a trade-weighted index that takes into account the international market prices of the five most important food commodities – vegetable oils, cereals, meat, dairy products and sugar.
Related news
Sustainability in the pressure of time
Sustainability is no longer just a moral issue, but an…
Read more >The tariff war is also hitting German industry
German manufacturing companies saw their export prospects for August worsen…
Read more >The economic well-being of the population improved significantly in August, according to Századvég
According to the August 2025 survey by Századvég Konjunktúrakutató Zrt.,…
Read more >Related news
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical…
Read more >Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments…
Read more >Eight out of ten parents would like to buy everything in one place for the start of school – Pepco offers a solution for this
As the school year approaches, parents are once again faced…
Read more >