MONTHLY REAL FOOD PRICE INDICES (2002-2004=100)

Date
1/1990
2/1990
3/1990
4/1990
5/1990
6/1990
7/1990
8/1990
9/1990
10/1990
11/1990
12/1990
1/1991
2/1991
3/1991
4/1991
5/1991
6/1991
7/1991
8/1991
9/1991
10/1991
11/1991
12/1991
1/1992
2/1992
3/1992
4/1992
5/1992
6/1992
7/1992
8/1992
9/1992
10/1992
11/1992
12/1992
1/1993
2/1993
3/1993
4/1993
5/1993
6/1993
7/1993
8/1993
9/1993
10/1993
11/1993
12/1993
1/1994

Food Price
Index
104.6
105.7
104.1
110.4
107.5
105.0
101.9
98.7
100.2
99.2
98.9
101.6
101.9
103.7
102.4
99.5
98.3
99.5
99.7
100.2
102.3
105.7
107.6
107.5
105.7
107.2
106.0
105.6
106.7
108.7
106.6
104.6
105.0
102.9
104.8
100.9
101.9
101.9
103.4
102.3
102.3
99.8
100.2
98.2
98.8
100.4
103.2
104.6
106.0

Meat Price
Index
105.8
110.6
112.9
124.7
124.6
125.1
123.5
121.1
128.7
127.2
124.2
127.2
126.5
132.3
125.1
120.7
121.9
120.3
120.0
118.7
121.7
124.6
129.4
125.5
122.0
125.9
120.7
120.0
121.7
123.2
122.1
123.0
121.0
119.3
124.4
116.5
118.1
117.6
117.5
114.1
115.4
116.0
115.2
111.4
112.6
114.1
113.2
108.3
109.7

Dairy Price
Index
91.1
88.8
71.1
82.5
67.6
67.6
67.6
63.7
65.9
67.2
68.2
77.3
81.5
80.9
79.1
74.2
73.0
74.9
69.6
71.9
78.4
84.4
87.8
87.8
89.4
89.4
88.7
88.7
92.2
97.1
98.0
95.9
98.7
93.1
90.9
90.0
89.7
90.8
89.7
88.2
87.0
87.1
83.8
80.8
76.2
69.4
69.9
70.9
77.2

Cereals Price
Index
104.3
102.1
100.5
103.3
103.2
101.0
95.2
91.4
85.9
87.0
86.3
87.0
89.3
91.0
93.9
95.4
94.3
93.4
92.5
96.7
97.6
100.9
101.2
104.4
104.7
108.0
107.8
102.8
101.6
100.8
96.2
91.6
95.0
94.9
96.1
94.9
95.7
94.5
94.3
93.5
90.5
86.1
91.2
92.6
95.5
101.0
109.8
113.0
112.7

Oils Price
Index
70.9
71.0
72.7
70.2
72.4
69.8
69.6
72.1
71.3
72.9
76.6
78.7
78.9
77.0
77.4
75.2
74.2
74.5
76.6
78.3
78.1
82.2
82.6
83.2
82.4
80.6
83.4
83.1
83.6
84.8
80.4
78.5
80.5
80.6
83.0
81.6
82.6
82.4
81.1
80.7
79.9
79.3
83.1
81.9
81.6
81.0
87.4
98.8
99.9

Sugar Price
Index
197.1
203.4
213.2
211.6
202.7
180.1
166.5
151.7
153.7
136.3
139.8
135.2
123.4
119.3
128.1
119.3
106.3
129.0
144.5
132.6
130.2
127.9
121.4
126.2
114.7
108.1
113.3
130.4
132.2
142.8
142.1
135.5
128.3
120.1
118.1
112.4
113.3
117.7
146.1
153.3
162.7
142.9
133.1
128.5
131.2
141.5
139.2
144.7
142.0

Date
2/1994
3/1994
4/1994
5/1994
6/1994
7/1994
8/1994
9/1994
10/1994
11/1994
12/1994
1/1995
2/1995
3/1995
4/1995
5/1995
6/1995
7/1995
8/1995
9/1995
10/1995
11/1995
12/1995
1/1996
2/1996
3/1996
4/1996
5/1996
6/1996
7/1996
8/1996
9/1996
10/1996
11/1996
12/1996
1/1997
2/1997
3/1997
4/1997
5/1997
6/1997
7/1997
8/1997
9/1997
10/1997
11/1997
12/1997
1/1998
2/1998
3/1998
4/1998

Food Price
Index
105.3
104.8
102.4
105.5
105.0
102.7
106.0
110.2
111.2
115.1
115.2
105.2
107.3
108.4
105.3
105.6
107.5
112.6
110.5
111.6
114.9
113.9
112.9
118.2
118.7
120.1
123.1
126.1
123.5
122.2
121.5
116.6
112.8
110.0
109.9
116.0
117.5
120.0
120.1
119.8
115.9
113.0
114.6
114.0
115.4
116.3
113.0
118.6
118.2
117.8
116.3

Meat Price
Index
110.2
109.0
108.2
114.3
111.3
111.4
113.9
113.8
113.6
115.7
110.1
99.2
105.7
107.7
104.4
103.1
100.6
106.1
105.4
109.6
111.1
108.2
104.1
113.9
113.1
116.4
114.5
120.0
119.4
119.1
123.0
122.4
119.4
117.4
116.2
119.4
122.8
127.6
127.5
129.2
123.4
121.6
120.8
118.1
116.7
116.3
107.8
112.0
113.1
114.1
113.0

Dairy Price
Index
77.1
77.9
71.3
71.3
75.8
76.5
78.1
84.2
87.8
89.6
92.8
91.7
94.6
95.5
94.6
94.8
94.8
100.3
100.3
100.4
101.4
101.4
100.9
104.0
103.8
102.4
102.2
99.6
99.9
100.1
99.4
98.8
99.6
97.6
97.9
104.8
103.8
103.4
102.0
102.3
101.7
100.8
100.5
102.5
105.2
105.6
105.8
112.3
110.3
107.1
106.7

Cereals Price
Index
110.1
105.6
102.8
101.5
98.8
91.9
94.0
98.7
100.9
99.8
102.5
94.2
93.4
92.9
93.7
97.6
103.8
111.1
108.9
113.7
120.3
120.5
123.7
128.5
132.0
134.2
147.0
154.1
145.6
140.5
132.9
116.1
110.2
104.9
105.3
112.7
113.5
116.9
117.4
114.0
107.8
103.2
108.6
107.9
109.0
107.0
105.7
111.0
111.0
111.6
107.6

Oils Price
Index
94.9
96.0
98.8
104.2
104.8
102.8
111.4
122.3
120.0
133.6
134.3
115.6
114.7
116.5
108.2
106.3
111.1
115.6
111.2
107.1
111.9
110.8
106.1
103.1
99.9
98.9
106.7
107.0
101.2
97.8
101.7
104.8
100.7
101.6
101.9
110.4
111.3
109.4
109.9
110.6
107.6
102.9
102.8
106.7
114.7
121.0
118.2
130.1
132.9
136.8
138.9

Sugar Price
Index
149.2
161.9
151.8
159.7
166.2
162.3
166.9
173.6
175.8
192.2
202.3
186.4
182.0
184.3
173.0
170.8
177.1
171.7
163.9
147.7
149.6
151.3
155.5
163.2
166.9
168.2
156.1
148.4
158.5
166.9
161.2
155.3
144.9
139.7
139.9
148.9
150.6
154.8
157.4
155.2
159.2
156.3
163.0
157.8
159.0
167.3
171.8
171.1
158.8
145.8
143.6

Date
5/1998
6/1998
7/1998
8/1998
9/1998
10/1998
11/1998
12/1998
1/1999
2/1999
3/1999
4/1999
5/1999
6/1999
7/1999
8/1999
9/1999
10/1999
11/1999
12/1999
1/2000
2/2000
3/2000
4/2000
5/2000
6/2000
7/2000
8/2000
9/2000
10/2000
11/2000
12/2000
1/2001
2/2001
3/2001
4/2001
5/2001
6/2001
7/2001
8/2001
9/2001
10/2001
11/2001
12/2001
1/2002
2/2002
3/2002
4/2002
5/2002
6/2002
7/2002

Food Price
Index
114.7
111.4
109.8
107.4
105.7
107.2
107.7
107.1
103.8
99.4
97.2
94.8
94.1
93.4
90.7
93.5
94.1
93.3
92.8
90.8
90.2
91.6
91.5
91.7
91.8
92.8
93.3
93.0
92.7
94.5
94.5
97.1
100.1
101.0
102.4
100.7
102.2
101.0
103.7
103.4
101.7
99.6
100.6
100.2
98.1
96.1
96.2
94.4
92.8
93.7
95.9

Meat Price
Index
108.7
109.4
105.3
103.9
103.7
103.7
102.4
103.9
100.2
100.7
101.0
98.5
98.7
99.2
100.4
102.9
101.3
100.9
101.5
99.1
95.9
101.3
102.3
99.6
99.5
100.2
99.4
97.4
96.0
95.3
95.6
99.4
97.8
104.3
109.3
108.0
108.7
105.3
104.9
105.5
106.3
104.0
101.8
101.4
99.5
100.2
102.8
99.3
97.6
98.1
98.7

Dairy Price
Index
104.7
103.0
102.9
103.1
100.1
97.0
97.0
97.2
95.5
94.2
93.1
88.1
87.1
86.8
85.3
85.3
86.1
86.2
87.0
88.5
91.3
91.7
91.0
91.4
92.2
96.5
99.9
100.6
103.0
105.7
106.5
107.3
112.8
112.4
113.7
113.9
118.6
119.3
120.1
119.0
118.3
120.2
116.6
110.2
103.2
103.1
99.2
96.0
87.9
83.1
79.1

Cereals Price
Index
106.5
104.6
101.8
95.8
95.5
102.2
103.1
100.9
99.7
96.1
96.5
94.2
92.7
93.8
90.4
93.0
92.3
89.9
89.3
87.5
90.0
91.2
89.8
89.2
89.5
85.6
81.5
80.6
83.7
87.9
89.3
92.6
97.7
96.0
94.9
92.3
92.2
91.6
95.1
94.1
93.1
92.5
94.0
94.3
94.7
92.7
91.8
89.6
91.8
94.8
101.5

Oils Price
Index
145.4
134.9
135.0
133.9
135.8
135.8
135.9
132.3
122.5
108.6
99.1
103.2
99.3
88.9
80.0
85.7
88.3
86.7
84.1
81.5
79.6
75.8
77.4
79.4
72.0
69.3
68.9
67.2
62.4
60.0
62.0
62.7
65.1
62.7
66.1
65.6
63.2
67.2
81.8
86.5
79.2
75.3
82.3
86.0
84.1
81.4
81.1
83.8
88.0
95.6
96.6

Sugar Price
Index
136.8
120.0
128.0
125.7
107.1
110.6
119.4
119.7
118.1
99.3
87.7
78.9
83.7
87.9
78.3
83.7
97.1
98.6
94.7
87.5
81.9
77.2
75.0
87.8
100.8
122.1
140.5
152.3
146.3
156.8
144.9
146.2
159.1
152.1
142.9
134.8
147.7
139.3
135.5
125.0
117.7
104.6
118.2
120.7
120.3
101.1
103.5
106.4
93.8
88.8
98.7

Date
8/2002
9/2002
10/2002
11/2002
12/2002
1/2003
2/2003
3/2003
4/2003
5/2003
6/2003
7/2003
8/2003
9/2003
10/2003
11/2003
12/2003
1/2004
2/2004
3/2004
4/2004
5/2004
6/2004
7/2004
8/2004
9/2004
10/2004
11/2004
12/2004
1/2005
2/2005
3/2005
4/2005
5/2005
6/2005
7/2005
8/2005
9/2005
10/2005
11/2005
12/2005
1/2006
2/2006
3/2006
4/2006
5/2006
6/2006
7/2006
8/2006
9/2006
10/2006

Food Price
Index
97.5
101.1
101.7
103.6
103.0
95.7
97.4
95.6
94.7
95.6
95.9
95.0
96.5
98.5
101.1
103.9
105.6
100.0
101.1
104.4
104.6
103.2
105.1
104.3
103.6
104.0
103.4
104.9
105.6
101.1
100.6
103.1
101.1
102.1
103.2
103.1
102.9
104.6
106.1
104.9
107.0
103.5
107.3
105.2
106.6
107.2
106.6
109.1
107.6
106.9
109.6

Meat Price
Index
96.1
96.0
93.9
94.5
93.1
89.4
91.4
91.6
91.5
93.4
96.3
96.8
98.0
103.1
103.0
104.8
105.2
103.5
99.4
103.2
100.7
99.5
107.9
107.9
108.3
107.7
104.8
107.2
108.3
103.7
102.4
105.4
104.9
108.8
109.0
106.1
106.0
106.9
105.8
104.8
105.9
97.1
99.5
97.0
99.7
99.5
101.7
102.9
105.5
104.9
103.7

Dairy Price
Index
78.0
80.4
82.5
87.6
94.1
89.6
92.9
94.0
92.2
91.9
91.9
93.0
93.9
96.7
100.9
102.7
104.8
98.5
104.2
105.8
106.7
109.8
114.6
117.5
117.8
118.8
119.6
121.5
122.6
117.6
118.3
118.9
117.6
118.2
117.9
119.0
120.9
121.5
121.2
120.4
118.8
111.3
111.4
109.3
107.1
106.7
106.4
106.7
105.2
105.3
107.5

Cereals Price
Index
109.0
120.5
119.6
116.9
110.3
98.8
98.7
96.1
95.8
97.7
96.1
93.1
98.0
97.9
98.8
104.0
105.7
99.7
102.1
105.9
108.6
106.5
103.1
95.1
92.8
93.8
92.9
94.2
95.1
91.7
90.3
92.6
88.7
87.9
89.7
90.8
89.6
92.2
94.3
92.2
94.3
92.1
95.3
94.0
95.8
99.4
98.9
102.5
101.1
105.1
115.9

Oils Price
Index
102.3
98.0
101.6
110.5
113.7
102.3
99.3
95.3
95.8
98.1
99.9
95.5
92.9
97.2
109.5
111.7
115.5
106.4
112.0
113.3
113.7
108.7
98.6
97.6
98.4
99.0
97.5
98.9
97.5
89.4
87.9
94.6
92.8
91.4
92.1
91.4
88.7
90.4
94.5
92.5
89.6
87.3
88.7
88.8
90.3
92.9
92.7
96.3
99.9
97.2
98.8

Sugar Price
Index
97.2
107.5
116.0
121.0
122.8
116.5
128.1
117.1
110.3
102.0
95.6
97.3
97.2
85.1
84.8
86.5
89.4
76.0
76.5
84.5
86.1
83.0
90.7
103.6
99.2
100.6
110.6
106.8
108.0
109.0
113.8
111.0
107.3
107.3
113.1
120.5
124.2
128.8
139.0
142.2
166.8
190.8
217.5
208.9
211.9
203.8
186.6
194.5
163.0
146.4
141.0

Date
11/2006
12/2006
1/2007
2/2007
3/2007
4/2007
5/2007
6/2007
7/2007
8/2007
9/2007
10/2007
11/2007
12/2007
1/2008
2/2008
3/2008
4/2008
5/2008
6/2008
7/2008
8/2008
9/2008
10/2008
11/2008
12/2008
1/2009
2/2009
3/2009
4/2009
5/2009
6/2009
7/2009
8/2009
9/2009
10/2009
11/2009
12/2009
1/2010
2/2010
3/2010
4/2010
5/2010
6/2010
7/2010
8/2010
9/2010
10/2010
11/2010
12/2010
1/2011

Food Price
Index
113.2
114.9
107.8
109.9
110.6
113.2
116.6
124.0
129.0
134.0
141.2
143.6
149.2
153.7
147.6
159.1
161.3
160.6
161.4
165.8
162.9
154.3
145.3
127.5
116.2
109.4
115.5
111.6
113.0
116.4
124.4
124.9
121.8
126.0
126.3
128.7
138.1
140.6
135.4
132.5
126.8
128.0
127.6
126.6
129.9
137.7
146.1
154.2
160.2
168.0
156.5

Meat Price
Index
102.0
100.8
94.0
94.3
94.3
95.6
98.7
101.7
102.2
104.7
106.4
103.2
106.9
106.0
100.9
101.8
106.0
109.4
116.6
121.4
124.2
125.9
125.5
118.8
107.9
99.9
99.8
95.1
98.0
100.8
105.3
108.4
110.2
110.6
109.3
106.1
108.6
107.5
105.7
106.9
109.0
113.5
114.1
114.7
113.7
117.0
115.4
118.7
121.0
125.0
112.9

Dairy Price
Index
113.0
121.4
117.7
123.2
128.2
141.4
145.8
168.2
188.4
197.7
203.1
206.9
216.2
214.3
188.9
186.2
183.7
178.6
177.3
177.8
176.5
167.9
150.1
136.6
117.9
104.9
96.5
90.3
92.9
92.7
97.7
97.0
99.4
102.1
113.8
124.4
164.3
170.3
152.0
144.0
141.0
153.7
157.4
152.8
148.9
145.2
149.3
152.4
156.3
156.8
149.7

Cereals Price
Index
123.4
123.1
115.9
120.3
119.3
116.3
117.9
124.9
124.9
133.4
151.1
156.1
158.1
173.6
170.9
200.5
200.6
202.5
197.1
202.1
189.5
176.8
166.8
140.7
131.6
128.7
145.7
140.0
140.4
141.3
146.5
146.4
131.9
127.9
124.5
131.2
135.0
135.1
128.1
123.5
118.7
116.5
116.7
113.8
122.9
139.4
156.7
165.5
168.0
178.9
165.7

Oils Price
Index
106.7
112.9
105.8
106.8
108.7
118.6
127.7
134.1
138.6
142.9
149.6
159.0
173.7
176.7
179.7
197.2
206.4
199.1
202.0
210.5
197.3
165.3
149.0
113.9
99.4
94.1
106.1
104.1
102.2
116.7
132.5
126.8
114.2
124.2
118.9
120.7
128.6
134.7
127.9
128.1
132.3
131.3
128.9
127.4
132.3
145.8
149.7
166.7
184.2
199.0
189.1

Sugar Price
Index
142.7
140.2
125.0
120.7
119.2
111.0
107.7
106.1
116.1
112.0
111.4
114.2
115.3
122.3
125.6
141.6
138.4
131.7
126.5
127.1
149.2
153.1
141.8
124.7
126.8
123.2
140.2
148.3
150.2
152.9
179.9
184.1
206.5
251.4
258.2
253.8
249.5
263.7
282.6
271.5
199.3
175.6
162.3
169.3
186.1
197.7
239.3
262.8
280.9
299.8
284.3

Date
2/2011
3/2011
4/2011
5/2011
6/2011
7/2011
8/2011
9/2011
10/2011
11/2011
12/2011
1/2012
2/2012
3/2012
4/2012
5/2012
6/2012
7/2012
8/2012
9/2012
10/2012

Food Price
Index
161.0
157.0
158.9
156.7
158.0
156.5
156.0
152.3
146.1
146.5
142.6
142.3
144.1
144.4
142.4
136.8
134.0
142.3
142.1
144.0
142.7

Meat Price
Index
115.4
118.1
122.1
121.8
120.5
119.4
120.8
120.0
119.1
122.5
121.0
116.5
119.1
119.0
120.1
117.0
113.3
111.5
114.0
116.4
116.5

Dairy Price
Index
155.7
158.6
154.8
156.3
156.7
154.2
149.3
145.3
137.7
136.0
136.5
138.2
135.1
131.7
124.1
117.7
115.9
115.6
117.4
125.5
129.7

Cereals Price
Index
175.0
170.0
179.6
176.8
175.3
167.2
170.8
165.3
156.5
154.9
147.3
148.9
151.3
152.3
149.3
147.9
148.5
173.9
173.8
175.5
173.4

Oils Price
Index
190.2
177.1
176.6
176.5
175.2
171.1
166.0
162.0
151.8
158.9
153.9
156.2
159.6
163.7
167.7
156.3
147.5
151.1
151.0
150.2
138.0

Sugar Price
Index
283.0
251.9
233.9
211.3
242.0
270.9
266.4
256.4
244.4
230.0
221.2
223.5
228.8
228.6
216.6
196.9
194.1
216.8
198.0
189.6
192.7

ANNUAL REAL FOOD PRICE INDICES (2002-2004=100)

Date
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Food Price
Index
103.2
102.4
105.4
101.4
107.5
109.6
118.5
116.3
111.8
94.8
92.9
101.4
97.8
98.0
103.7
103.3
108.2
127.7
147.6
123.9
139.4
154.0
141.5

Meat Price
Index
121.3
123.9
121.6
114.5
111.8
105.4
117.9
120.9
107.8
100.4
98.5
104.8
97.5
97.0
104.9
105.8
101.2
100.7
113.2
105.0
114.6
119.5
116.3

Dairy Price
Index
73.2
78.6
92.7
82.0
80.0
97.6
100.4
103.2
103.5
88.6
98.1
116.3
89.5
95.4
113.1
119.2
109.3
170.9
162.2
111.8
150.8
149.2
125.1

Cereals Price
Index
95.6
95.9
99.5
96.5
101.6
106.2
129.3
110.3
104.3
93.0
87.6
94.0
102.8
98.4
99.1
91.2
103.9
134.3
175.6
137.2
137.4
167.0
159.5

Oils Price
Index
72.4
78.2
81.9
83.3
110.2
111.3
102.1
110.5
135.6
94.0
69.7
73.4
94.7
101.1
103.5
91.3
96.0
136.8
167.8
119.2
146.1
170.7
154.2

Sugar Price
Index
174.3
125.7
124.8
137.9
167.0
167.8
155.8
158.4
132.2
91.3
119.3
133.1
106.4
100.8
93.8
123.6
179.0
115.1
134.2
203.2
227.3
249.7
208.6

COMMODITY GROUP COMPOSITION IN FAO PRICE INDICES

Food Price Index: Consists of the average of 5 commodity group price indices mentioned above weighted with
the average export shares of each of the groups for 2002-2004: in total 55 commodity quotations considered by
FAO commodity specialists as representing the international prices of the food commodities noted are included
in the overall index.
Meat Price Index: Computed from average prices of four types of meat, weighted by world average export
trade shares for 2002-2004. Quotations include two poultry products, three bovine meat products, three pig
meat products, and one ovine meat product. Where more than one quotation exists for a given meat type, they
are weighted by assumed fixed trade shares. Prices for the two most recent months may be estimates and
subject to revision.
Dairy Price Index: Consists of butter, SMP, WMP, cheese, casein price quotations; the average is weighted by
world average export trade shares for 2002-2004.

Cereals Price Index: This index is compiled using the grains and rice price indices weighted by their average
trade share for 2002-2004. The Grains Price Index consists of International Grains Council (IGC) wheat price
index, itself average of 9 different wheat price quotations, and 1 maize export quotation; after expressing the
maize price into its index form and converting the base of the IGC index to 2002 -2004. The Rice Price Index
consists of 3 components containing average prices of 16 rice quotations: the components are Indica, Japonica
and Aromatic rice varieties and the weights for combining the three components are assumed (fixed) trade
shares of the three varieties.
Oil and Fat Price Index: Consists of an average of 12 different oils (including animal and fish oils) weighted
with average export trade shares of each oil product for 2002-2004.
Sugar Price Index: Index form of the International Sugar Agreement prices with 2002-2004 as base.

All indices have been deflated using the World Bank Manufactures Unit Value Index (MUV)
rebased from 1990=100 to 2002-2004=100.