The Economist asks:
What will be the value of the FAO Food Price Index for September 2024?
Closing Oct 01, 2024 07:01AM UTC
Global food prices fell overall in 2023, with the exceptions of sugar (highest since 2011) and rice (up 21% last year) (Economist, AP). The question will be suspended on 30 September 2024 and the outcome determined using nominal data reported by the FAO for September 2024, expected in early October 2024 (FAO, see table near bottom of page). As of launch, the value for the Food Price Index for September 2023 was 121.9. To download historical nominal data, click "Excel: Nominal and real indices from 1990 onwards (monthly and annual)" under "Download datasets."
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than 94.0 | 0% | -1.00% | -1.00% | -1.60% |
| At least 94.0, but less than 104.0 | 3.00% | 0% | 0% | -3.50% |
| At least 104.0, but less than 114.0 | 18.00% | 0% | -1.00% | -13.05% |
| At least 114.0, but less than 124.0 | 51.00% | +1.00% | +2.00% | +1.75% |
| At least 124.0, but less than 134.0 | 21.00% | 0% | 0% | +11.10% |
| At least 134.0, but less than 144.0 | 6.00% | 0% | 0% | +4.65% |
| 144.0 or more | 1.00% | 0% | 0% | +0.65% |