FAO Index: Global Food Prices Rose in September 2024
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Global food prices recorded an increase in September 2024. This is reflected in the global food price index rising by 3.68 points to a level of 124.4. In the previous month, the global food price index according to Food and Agriculture Organization (FAO) data stood at 120.72 points.
The largest increase occurred in the meat group, which rose by 0.35%. Compared to the previous year, meat price increases this year were higher in March, July, August, and September. Meanwhile, for January, February, April, May, and June, FAO reported better conditions this year as prices actually decreased. The lowest meat price drop previously occurred in August.
(Read: Fresh Broiler Egg Prices in North Sumatra Are the Highest in Indonesia (Friday, April 17, 2026))
This was followed by cereal prices with an increase of 3.01%. Price decreases occurred in January, February, March, April, May, June, July, August, and September, with the lowest price drop previously recorded in March.
(Read: Red Chili Pepper Prices in Modern Markets for the April 2025-2026 Period)
Meanwhile, dairy prices rose by 3.79%, followed by vegetable oils which increased by 4.58%. The smallest increase was in the sugar index, which rose by 11.88 points or 10.43% to a level of 125.74.
This global food price index is at the highest point reached this year. Meanwhile, since the start of the year, the food price index has grown by 5.7% (year to date).
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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