The graph below shows changes in global food and oil prices between 2000 and 2011. Summarize the information by selecting and reporting the main features, and make comparisons where relevant.

The chart illustrates the changes in the global

food

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price

index

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and the average

oil

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price from 2000 to 2011. It is evident that, despite experiencing several notable fluctuations, both

food

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and

oil

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costs saw a significant

overall

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increase over the eleven-year period. The trends for both commodities are very similar, suggesting a strong correlation. In 2000, the

food

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index

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and the average cost of

oil

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were relatively low, with the former standing at approximately 90

points

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and the latter around 30

dollars

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per barrel.

Subsequently

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, by mid-2008, both indices had risen considerably, with the

food

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index

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reaching around 220

points

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and the average

oil

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cost climbing to 130

dollars

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per barrel.

However

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, after a marked decline in 2009—where the

food

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index

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dropped by over 80

points

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to 140

points

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, and

oil

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costs fell sharply by around 90

dollars

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to 40

dollars

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per barrel—both indices surged once again from 2009 to 2011.

Although

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they reached their highest

points

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in different years—with

oil

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peaking at roughly 130

dollars

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in mid-2008 and

food

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reaching its maximum at almost 240

points

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in 2011—both commodities exhibited a remarkably similar trend over the period, with a correlation rate of 93.6%.