Food and Agriculture Organization of the United Nations

June 2024

January 2000 to May 2024

The source notes: "Food Price Index: Consists of the average of 5 commodity group price indices (meat, dairy, cereals, vegetable oil, and sugar price indices), weighted with the average export shares of each of the groups for 2014-2016: in total 95 price quotations considered by FAO commodity specialists as representing the international prices of the food commodities are included in the overall index. Each sub-index is a weighted average of the price relatives of the commodities included in the group, with the base period price consisting of the averages for the years 2014-2016. "