The FAO Food Price Index increased 1.6% MoM and 8.2% YoY to 127.1 with increases across most subindexes.

• Vegetable Oil (+2.0% MoM), Dairy (+4.0% MoM), and Sugar (+6.6% MoM) drove rise in food prices over the month.
• Meat (-0.1% MoM) and Cereal (+0.8% MoM) were more muted on the month.