New FAO food price database launched

Interactive internet tool covers 55 countries - including Centralamericans - shows food prices locally have yet to fall.

Friday, March 20, 2009


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As part of its response to high food prices, FAO has developed an interactive database of staple food prices on national markets in 55 developing countries from Afghanistan to Zimbabwe.

The National Basic Food Prices Data and Analysis Tool shows the prices of different food commodities in local currencies or dollars and local measurements as well as standard weights. It allows for price comparisons between domestic and international markets, between different markets in the same country, as well as between countries.

Price fall less in poor countries

“While food prices have fallen internationally, as indicated by the FAO food price index, this tool shows that in developing countries they have not fallen so fast, or at all,” said Liliana Balbi, a senior economist with FAO’s Global Information and Early Warning System.

“The easy-to-use database will be an invaluable source of information for policy and decision-makers in agricultural production and trade, development and also humanitarian work.”

Food price inflation hits the poor hardest, as the share of food in their total expenditures is much higher than that of wealthier populations. Food represents about 10-20 percent of consumer spending in industrialised nations, but as much as 60-80 percent in developing countries, many of which are net-food-importers.

Currently 963 million people or around 15 percent of the world’s population are suffering from hunger and malnutrition. The new analysis tool has benefited from a financial contribution from Spain under the FAO Initiative on Soaring Food Prices. FAO plans to add new countries and series to the database, resources permitting.



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More on this topic

New FAO food price database launched

March 2009

Interactive internet tool covers 55 countries - including Centralamericans - shows food prices locally have yet to fall.

As part of its response to high food prices, FAO has developed an interactive database of staple food prices on national markets in 55 developing countries from Afghanistan to Zimbabwe.

Global Food Prices in February 2016

March 2016

The FAO Food Price Index averaged 150.2 points in February 2016, nearly unchanged from January, but 14.5% below February 2015.

From a statement issued by the Food and Agriculture Organization:

The FAO Food Price Index* (FFPI) averaged 150.2 points in February 2016, nearly unchanged from January, but 25.6 points (14.5 percent) below February 2015.

International Prices of Food - June 2015

July 2015

In June prices of sugar and dairy products fell sharply, meat remained stable, while cereals and oils showed improvement.

The FAO Food Price Index* averaged 165.1 points in June 2015, down 1.5 points (0.9 percent) from the previous month and almost 44 points (21.0 percent) down from June 2014.

Food prices continue uprising

March 2011

Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said today.

» The FAO Food Price Index (FFPI) rose for the eighth consecutive month, averaging 236 points in February 2011, up 2.2 percent from January and the highest (in both real and nominal terms) since January 1990, the inception date of the index.

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