Food Price Index falls in June

The FAO Food Price Index (FFPI) averaged 124.6 points in June 2021, down 3.2 points (2.5 percent) from May, but still 31.5 points (33.9 percent) higher than its level in the same period last year.

The decline in June marked the first drop in the FFPI following twelve consecutive monthly increases. The drop in June reflected declines in the prices of vegetable oils, cereals and, to a lesser degree, dairy prices, which more than offset generally higher meat and sugar quotations.

Source - FAO