Why in news?

• The FFPI 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, sugar, meat, vegetable oil, and dairy) weighted by the average export shares of each of the groups in 2014-2016 (base year).
• FAO is a specialized agency of the United Nations that leads international efforts to defeat hunger.
• It is headquartered in Rome, Italy.