FAO Food Price Index ends 2022 lower than a year earlier
Read More
The index of world food prices dipped for the ninth consecutive month in December 2022, declining by 1.9 percent from the previous month, the Food and Agriculture Organization of the United Nations (FAO) reported.
The FAO Food Price Index averaged 132.4 points in December, 1.0 percent below its value a year earlier. However, for 2022 as a whole, the index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 143.7 points, 14.3 percent higher than the average value over 2021.
