FAO Food Price Index
2021 JAN 8
Preliminary >
Miscellaneous > Reports and indices > United Nations and its agencies
Why in news?
- World food prices rose for a seventh consecutive month in December, with all the major categories, barring sugar, posting gains last month, as per FAO.
About the price index:
- The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities.
- It consists of the average of five commodity group price indices [cereal, vegetable, dairy, meat and sugar], weighted with the average export shares.
- For the whole of 2020, the benchmark index averaged 97.9 points, a three-year high and a 3.1% increase from 2019.
Prelims Question
Which of the following organisations publish the global Hunger index?
(a)Food and agricultural organisation
(b)Action against Hunger
(c)Heifer International
(d)None of the above
Answer to prelims question