Food Price Monitoring & Analysis (FPMA) Tool | Updated version
Across the world and around the clock, the buying and selling of food commodities take place along supply chains that get food from producers to consumers.
Having up-to-date information about the prices of these commodities as they change hands improves the transparency and efficiency of markets, enabling producers, traders, consumers and policymakers to make better decisions.
Rising or falling food prices may also indicate changes in supply and demand, and can be a sign of abnormal conditions that may need to be addressed.
Timely and transparent food price information helps to ensure better agricultural livelihoods and, ultimately, safeguards the food security of populations. This is especially important for poor and vulnerable consumers, as they generally spend a larger portion of their income on food and can be hit hard by food price shocks.
In most countries, the official collection of food prices usually falls under the mandate of the national statistics agency or a market information system, often linked to the Ministry of Agriculture.
But all too often, this data is not easily accessible to supply chain actors, consumers, or analysts involved in policy formulation.
To improve access to food price data, FAO’s Markets and Trade Division developed the Food Price Monitoring and Analysis Tool, or FPMA Tool.
Visit the tool at fpma.fao.org
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