FAO Food Price Index: Global Food Commodity Price Indicator

Category: Economy / Agriculture / International Organisations

  • The FAO Food Price Index (FFPI) is published by the Food and Agriculture Organization of the United Nations (FAO).
  • It tracks changes in international prices of a basket of major food commodities.
  • The index covers five major commodity groups:
    • Cereals
    • Vegetable oils
    • Dairy
    • Meat
    • Sugar
  • It is used to monitor developments in global food markets and food-price inflation.
  • Changes can be influenced by weather, production, energy prices, trade restrictions, geopolitical developments and supply disruptions.

Key Pointer: FAO Food Price Index → FAO → 5 food groups → Global food prices