The food price index is down 1.5% this month and is 7% lower than last year's average.
Note that at 211, the index is at more than twice the 2002-2004 average (= 100).
The next UN report is due out on February 7th 2013.
Friday, 7 December 2012
UN Food Numbers - December 2012
Cereal production estimates for 2012 have been revised downwards this month by 2 million tonnes (Mt) to 2280 Mt. This is down almost 3% from last year's record but is essentially equal to the four year average.
The food price index is down 1.5% this month and is 7% lower than last year's average.
Note that at 211, the index is at more than twice the 2002-2004 average (= 100).
The next UN report is due out on February 7th 2013.
The food price index is down 1.5% this month and is 7% lower than last year's average.
Note that at 211, the index is at more than twice the 2002-2004 average (= 100).
The next UN report is due out on February 7th 2013.
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