food prices worldwide 1% increased in April compared to Marchin the midst of the commercial conflict for the tariffs that American president Donald Trump unleashed, according to the index of the United Nations Food and Agriculture (FAO).
At the same time, the study revealed that The prices of essential products were increased by 7.6% global with respect to last year’s valuesshowing an upward variation in relation to 6.9% year -on -year of March.
In April, the retiree basket exceeded $ 1.2 million with a strong impact of food
From the United Nations they argued that “the Increased cereal price indices, dairy products and meat countered the decrease in sugar and vegetable oils ” indicating that “the Adjustments in the import tariff policies of the United States contributed further to the bullish pressure on prices. ”
Meats, cereals and dairy: the dynamics of the rise of essential items
In parallel, the indicator indicated that Dairy products had a rise of 2.4% in April and 22.9% against the same month of 2024. In the case of cereals, the rise reached 1.2% monthly. While the meat had an increase of 3.2% monthly headed by pork cuts.
In relation to the increase in the value of the carnefrom FAO they explained that “This increase sand he saw the increase in quotes in the European Union due to one Greater world demand for imports “.
What causes caused the acceleration of food prices?
When referring to the reasons that promoted the acceleration of food inflation, they indicated that “Monetary fluctuations influenced price movements in world markets, while Tariff policy adjustments increased market uncertainty. ”
Before this panorama, FAO economists argued that Lcountries may have promoted the demand for some short -term foods “When trying to stock up to reduce the impact of levies“That applied Donald Trump.
Orlando Ferreres: “In May, inflation will not be very high and will be a point less than April”
He Vegetable oil price index of the FAO, meanwhile, registered in April a decrease of 2.3% compared to Marchalthough It remained 20.7 % above the level of a year ago.
In this regard, the report said that “The descent was mainly due to palm oil pricesthat compensated more than The rise in the quotes of soy and rapeseed oilswhile World Sunflower oil prices remained practically stable. ”
In relation to sugaranother of the products that FAO measures, showed that had a decrease of 3.5% in Aprilwhich represents the second consecutive monthly decrease and places the index 10.9% below its April 2024 level.
In this case, they explained from the United Nations that “The fall in world prices of sugar was largely due to concern for the uncertainty of world economic perspectives and its possible effects on the demand of the sectors of elaboration of drinks and food, which represent most of the world consumption of sugar ”.
Source: Na
