May registered a sharp increase in the value of the FAO Food Price Index.
http://www.fao.org/worldfoodsituation/foodpricesindex/en/ The FAO Food Price Index (FFPI) averaged 127.1 points in May 2021, 5.8 points (4.8 percent) higher than in April and as much as 36.1 points (39.7 percent) above the same period last year. The May increase represented the biggest month-on-month gain since October 2010. It also marked the twelfth consecutive monthly rise in … Read more