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U.N. FAO Food Price Index: “The FAO Food Price Index back to its downward trend in May”

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Author: climateer
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 From the Food and Agriculture Organization of the United Nations, June 2:» The FAO Food Price Index* (FFPI)
averaged 124.3 points in May 2023, down 3.4 points (2.6 percent) from
April and as much as 35.4 points (22.1 percent) from the all-time high
it reached in March 2022. The decline in May was underpinned by
significant drops in the price indices for vegetable oils, cereals and
dairy,
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