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The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
The Food and Agriculture Organization (FAO) Food Price Index 1961–2024 in nominal and real terms. Years 2014–2016 is 100. The FAO Food Price Index (FFPI) is a food price index by the Food and Agriculture Organization (FAO) of the United Nations. It records the development of world market prices of 24 agricultural commodities and foodstuffs ...
Europe's energy crisis and the 2022 Russian invasion of Ukraine caused significant price increases for European fertilizer and food industries. [91] [92] According to Julia Meehan, the head of fertilizers for the commodity price firm ICIS, "We are seeing record prices for every fertilizer type, which are all way above the previous highs in 2008 ...
A fertilizer shortage could mean continued rising food prices and increasing food insecurity for the world's poorest.
The list of countries by price level contains shows countries by their price level index. The data has been collected by the World Bank's International Comparison Program since the 1970s and has been available for almost all World Bank member states and some other territories since 1990. The Global price level, as reported by the World Bank, is ...
A price index (plural: "price ... The Geary-Khamis method used in the World Bank's International Comparison Program ... is the period for which we wish to calculate ...
Fertilizer use (2018). From FAO's World Food and Agriculture – Statistical Yearbook 2020 [42] The diagram displays the statistics of fertilizer consumption in western and central European counties from data published by The World Bank for 2012.
On 4 July 2008, The Guardian reported that a leaked World Bank report estimated the rise in food prices caused by biofuels to be 75%. [62] This report was officially released in July 2008. [52] Since reaching record high prices in June 2008, corn prices fell 50% by October 2008, declining sharply together with other commodities, including oil.