Prices for everything but meat declined in March from
February.
The
FAO Cereal Price Index averaged 147.8 points in March, down by 2.7 points (1.8
percent) from the previous month and essentially at a par with its value in
March 2016. The FAO Vegetable Oil
Price Index averaged 167.6 points in March,
down for the second consecutive month. While the index dropped by 11 points (or
6.2 percent) month-on-month, it continued to be higher than the previous two
years.
The
FAO Dairy Price Index averaged 189.8 in March, down by 4.4 points (2.3 percent)
from the previous month, but still 60 points (46 percent) higher than last
year.
The
Meat Price Index averaged 163.2 points in March, up by 1.2 points (0.7 percent)
from February and 17 points (12 percent) higher than last year.
