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February's FAO Food Price Index at is lowest value since early 2010

Monday, March 9th 2015 - 11:45 UTC
Full article 1 comment

The FAO Food Price Index averaged 179. 4 points in February 2015, down 1.8 points (1.0 percent) from its January value and 29 points (14.0 percent) below its level in February 2014. Prices of cereals, meat and, especially, sugar, dipped last month, while they remained steady in the case of oils and rebounded sharply in the case of dairy products. The index has been on a declining path since April 2014 and has now reached its lowest value since July 2010. Read full article

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  • ChrisR

    “The index has been on a declining path since April 2014 and has now reached its lowest value since July 2010.”

    Not in Uruguay, it isn't.

    GENERAL INFLATION FROM MARCH '10 TO SEPTEMBER '11 = 20.1%

    Due to cost of food and Pepe's tax increases to give money to the idle poor.

    It has been the same for each year up to now.

    This information is straight from my financial spread sheet where I record ALL purchases / tax liabilities.

    These people were not trained by INDEC were they?

    Mar 10th, 2015 - 08:09 pm - Link - Report abuse 0

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