The FAO Food Price Index rose 1.0% MoM to 128.3 in April 2025 and was up 7.6% YoY, driven by higher prices for cereals, dairy, and meat.

• The Cereal Price Index rose 1.2% MoM but was down -0.5% YoY, with increases across wheat, maize, and rice.
• The Dairy Price Index rose 2.4% MoM and surged 22.9% YoY, with butter prices hitting an all-time high.
• The Meat Price Index rose 3.2% MoM and 4.3% YoY, led by pig meat amid strong global import demand.
• The Vegetable Oil Index fell -2.3% MoM but was up 20.7% YoY, as palm oil prices dropped despite strength in soy and rapeseed oils.
• The Sugar Price Index declined -3.5% MoM and -10.9% YoY, pressured by strong Brazilian output and weak demand outlook.