date:Feb 08, 2014
The FAO Food Price Index fell in January for the first time in three months as lower prices of cereals, sugars, oils and meat outstripped gains in dairy values.
The FAO Food Price Index averaged 203.4 points in January 2014, down 1.3 per cent from December and 4.4 per cent below January last year. Except for the FAO dairy price index which rose, the values of other indices that make up the FAO Food Price Index declined last month, in particular sugar and vegetable oils, which dropped by 5.6 per