Mumbai, April 6 -- The FAO Food Price Index (FFPI) averaged 128.5 points in March 2026, up 3.0 points (2.4 percent) from its revised February level, marking a second consecutive month of increase. Price indices across all commodity groups-cereals, meat, dairy, vegetable oils and sugar-rose to varying degrees, reflecting not only underlying market fundamentals but also responses to higher energy prices linked to the conflict escalation in the Near East. Compared to historical levels, the FFPI stood 1.2 points (1.0 percent) above its value a year ago but remained as much as 31.7 points (19.8 percent) below the peak reached in March 2022.
The FAO Cereal Price Index averaged 110.4 points in March, up 1.7 points (1.5 percent) from February and ...