Global cereal, oil and dairy prices spiked after Russia invaded Ukraine

FAO food price index, 2014-2016=100

Cereals

Oil

Dairy

Food price index

Sugar

Meat

300

24 February 2022

Russia invades Ukraine

250

200

150

100

50

0

2019-01

2020-01

2021-01

2022-01

2023-01

Cereals

Oil

Dairy

Food price index

Sugar

Meat

300

24 February 2022

Russia invades Ukraine

250

200

150

100

50

0

2019-01

2020-01

2021-01

2022-01

2023-01