FAO food price index hits record 159.3 points in March amid Ukraine conflict
The FAO food price index rose 13% in March to a record 159.3 points, driven by a 23% increase in vegetable oil prices and a 17% rise in cereals, due to disruption from the Russian invasion of Ukraine.
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BusinessFAO food price index hits record 159.3 points in March amid Ukraine conflict
Sign in or subscribeBrowse free archive reportsThe FAO food price index rose 13% in March to a record 159.3 points, driven by a 23% increase in vegetable oil prices and a 17% rise in cereals, due to disruption from the Russian invasion of Ukraine.