Mumbai, April 4 -- The FAO Food Price Index (FFPI) averaged 127.1 points in March 2025, remaining nearly unchanged from February. Declines in cereals and sugar price indices offset increases in those of meat and vegetable oils, while the dairy price index remained stable. Overall, the FFPI was 8.2 points (6.9 percent) higher than its corresponding level one year ago but remained 33.1 points (20.7 percent) below its peak reached in March 2022.
The FAO Cereal Price Index averaged 109.7 points in March, down 2.9 points (2.6 percent) from the previous month and 1.2 points (1.1 percent) lower than in March 2024. Global wheat prices declined in March as concerns over crop conditions subsided in some major Northern Hemisphere exporters, while unc...