Skip to content
eventVerified

FAO Food Price Index averaged 2.1 percent lower in 2024 than in 2023 despite uneven commodity movements

Dated 31 December 2024: FAO Food Price Index averaged 2.1 percent lower in 2024 than in 2023 despite uneven commodity movements. In the causal graph this event weakens Food-Price Pressure, a driver that strengthens Under-five mortality rate (global) — an improving welfare path.

Who was responsible

Contribution type and responsibility level for each recorded actor — not sole-author shorthand.

No public contributors are listed for this fact.

What changed

Fact → Driver → Indicator. Relationship strength orders the paths; it is not the observed indicator movement.

    1. FactFAO Food Price Index averaged 2.1 percent lower in 2024 than in 2023 despite uneven commodity movements
    2. weakensDriverFood-Price Pressure
    3. strengthensIndicatorUnder-five mortality rate (global)
    Improving path

    provisional weight · verified

    • Under-five mortality rate (global)

      via Food-Price Pressure

      Better

      Strengthens · 35% impact strength (driver → indicator)

      Observed

      37.4 deaths per 1,000 live births · 12.4 above the normal line (2024)

      Worse than normal

      7 readings, 2018–2024: fell from 40 deaths per 1,000 live births to 37.4 deaths per 1,000 live births.

      Above normal = worse

Causal path

How this event connects to drivers and indicators in the graph.

  1. FactFAO Food Price Index averaged 2.1 percent lower in 2024 than in 2023 despite uneven commodity movements
  2. weakensDriverFood-Price Pressure
  3. strengthensIndicatorUnder-five mortality rate (global)

Cite this page

Factrail. (2026). FAO Food Price Index averaged 2.1 percent lower in 2024 than in 2023 despite uneven commodity movements. Factrail. https://factrail.ai/facts/fao-food-price-index-2024-annual-decline

https://factrail.ai/facts/fao-food-price-index-2024-annual-decline

Accessed 16 October 2026.

By the Factrail desk · Method: how we source and score · Last reviewed

Dispute this factNamed here, or represent someone who is? Request a right of reply.