The FAO Food Price Index* (FFPI) stood at 119.1 points in April 2024, up 0.3 points (0.3 percent) from its revised March level, as an increase in the price index for meat and smaller upturns of vegetable oil and cereal indices slightly more than offset decreases in those for sugar and dairy products. Although it registered a second monthly uptick in April following a seven-month long declining trend, the FFPI was down 9.6 points (7.4 percent) from its corresponding value one year ago.
Now let’s see 2022 and 2023.
Edit. Oh wait! It’s back down.
https://www.fao.org/worldfoodsituation/foodpricesindex/en/
It’s not back down to 2019 prices
https://www.fao.org/images/worldfoodsituationlibraries/default-album/home_graph_3_may24.jpg?Status=Master&sfvrsn=ba07d6c5_113
Never said that but you’re right.
Just providing even more context than you did