| Description |
The indicator of food price anomalies (IFPA) identifies market prices that are abnormally high. The IFPA relies on a weighted compound growth rate that accounts for both within year and across year price growth. The indicator directly evaluates growth in prices over a particular month over many years, taking into account seasonality in agricultural markets and inflation, allowing to answer the question of whether or not a change in price is abnormal for any particular period. |
| Definition |
Not specified |
| Activity type |
Food demand |
| Environment activity type |
Pricing |
| Outcome type |
Food security |
| Category |
FoodAffordability |
| Connects to transition domains |
None specified |
| Unit(s) of measurement |
None specified |
| Unit(s) of measurement description |
Consumer Price Index (CPI) |
| SDG Targets |
SDG_2, SDG_1 |
| Transition domain alignment |
Area_1 (Strong), Area_2 (Strong), Area_3 (Strong), Area_4 (Strong) |
| Supply chain components |
Consumption, Food processing, Primary food production, Retail |
| Methodology |
Not specified |