food prices worldwide 1% increased in April compared to Marchin the midst of commercial conflict over tariffs, 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 7.6% compared to last year’s values were won on a global scaleshowing an upward variation in relation to 6.9% year -on -year of March.
From the United Nations they argued that “The increase in 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 They contributed even more to the bullish pressure on prices. ”
The indicator said 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 meat, from FAO they explained that “This increase was promoted by the increase in quotes in the European Union due to a greater world demand for imports.”
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 countries may have promoted the demand for some short -term foods “When trying to stock up to reduce the impact of levies” which Donald Trump applied.
The price index of the FAO vegetable oils, meanwhile, registered in April a decrease of 2.3% compared to Marchalthough 20.7 % remained above the level of a year ago.
In this regard, the report said “The descent was mainly due to the drop in palm oil prices, which more than compensated for the rise in the quotes of soy and rapeseed oils, while the world prices of sunflower oil remained practically stable.”
In relation to sugar, another 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 the concern for the uncertainty of world economic perspectives and their possible effects on the demand for drinking and food elaboration sectors, which represent most of the world consumption of sugar.”
