Bangkok, Thailand, 03 Jun 2014 -- FAO’s Regional Office for Asia and the Pacific is convening a media briefing to analyse the most recent data on the price of food for consumers across the region.
The Food Price Index (FPI) 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, weighted with the average export shares of each of the groups for 2002-2004.
Because they spend more of their disposable income on food, fluctuations in the price of food can have a disproportionate impact on poorer people in Asia and the Pacific, home to 63 percent of the world’s 842 million undernourished people.
FAO Assistant Director-General and Regional Representative for Asia and the Pacific, Hiroyuki Konuma, will discuss the latest findings and their implications for food security across the region.
FAO Officials will also provide updates on the Save Food Asia-Pacific campaign and World Milk Day.
You or your representatives are cordially invited to join this briefing at FCCT at 4:30 pm, Thursday 5th June.