The FAO Food Price Index (FFPI) averaged 157.4 points in May 2022, falling 0.9 points (0.6%) from April. While the decline marked the second consecutive monthly decline, the index was still 29.2 points (22.8%) above May 2021.
Vegetable oil, sugar, and dairy price indices were all lower, but cereal and meat price indices increased.
FAO
The FAO Meat Price Index averaged 122.0 points in May, up 0.6 points (0.5%) from April, setting a new all-time high, driven by a steep rise in world poultry meat prices, which more than…
