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The United Nations Food and Agriculture Organization food price index is at an all time high

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According to the Food and Agriculture Organization of the United Nations (FAO), world cereal commodity prices jumped sharply as the Russia-Ukraine conflict hit the staple grains and vegetable oil market. The FAO food Price Index averaged 159.3 points in March, 12.6% higher month-on-month, year-on-year growth of 33.6% made it the highest on record according to the Business Mirror of the Philippines.  The grain price index rose 17.1%, vegetable oil by 23.2% , sugar by 6.7%, meat by 4.8%, and dairy products by 2.6 month-on-month.

菲律宾《商业镜报》(Business Mirror414日报道,根据联合国粮食及农业组织(FAO)的数据,俄乌冲突对主粮和植物油市场造成冲击,世界粮食商品价格大幅跃升,3FAO食品价格指数平均为159.3点,环比上涨12.6%,同比上涨33.6%,达到历史最高水平。其中,谷物价格指数环比上涨17.1%,植物油价格指数环比上涨 23.2%,食糖价格指数环比上涨 6.7%,肉类价格指数环比上涨4.8%,乳制品价格指数环比上涨2.6%

 

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