Global Food Prices Are Creeping Up Again

By Felix Richter – Statista

Following a period of recovery from the dual shocks of the Covid-19 pandemic and Russia’s invasion of Ukraine, global food commodity prices have started to creep up again this year. According to the Food and Agriculture Organization of the United Nations (FAO), the FAO Food Price Index climbed to 128 points in June 2025, indicating a 28-percent increase in global food prices compared to the 2014-2016 base period. While that’s down from a peak of 160 in March 2022, shortly after Russia’s invasion of Ukraine, it’s up almost six percent from June 2024 and roughly 35 percent from the 2019 average.