The cost of putting food on the table across the world and over the years
Prices of food items could vary drastically across countries. In this data story, we investigate how the composite food price index and prices of 5 commodities evolve over time.
Based on the composite food price index released by the Food and Agriculture Organization of the United Nations (FAO), food prices in continents including South America and Africa are among the highest compared to the rest of the world since 2015. While the ranking for Asia hasn’t changed much for the past two decades, food prices in North America, Europe and Australia most recently have been the lowest.