date:Jan 07, 2022
n in 2022, says FAO senior economist Abdolreza Abbassian.
The dairy sub-index alone posted a monthly rise in the last month. The FAO Food Price Index averaged 133.7 points in December, a 0.9% decline from November, still up 23.1% from December 2020.
For 2021 as a whole the index averaged 125.7 points, about 28.1% above the previous year.
Cereal and oil indexes perform well overall
The FAO Cereal Price Index decreased 0.6% from November, as falling wheat exports offset firmer maize prices