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340:, the weights chosen (i.e., the quantities consumed) come from the base year. The reference period from 2014 to 2016 (index value 100) serves as the basis. The index determines the price of the commodity groups in the composition of the base year at goods prices of the reference year in relation to the price of the same commodity groups (same consumption quantities) at goods prices of the base year. From all the data, FAO calculates five sub-indices, which together make up the overall index.
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The trade-weighted FAO Food Price Index is technically a price index and is calculated using the
Laspeyres formula. It documents the development of world market prices of 55 agricultural commodities and foodstuffs in
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The FAO Food Price Index is published on the first
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The table shows the development of the FAO Food Price Index since 1990.
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The overall index consists of the following five sub-indices:
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280:(FAO) Food Price Index 1961–2021. Years 2014–2016 is 100.
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668:References
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285: Real
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36:improve it
438:and fats)
318:inflation
183:talk page
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651:See also
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367:Oils
302:FFPI
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