Inflation, consumer prices (annual %)
| Field | Value |
|---|---|
| Description | Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. |
| Definition | Not specified |
| Outcome type | Economic impacts |
| Category | FoodAffordability |
| Connects to transition domains | None specified |
| Unit(s) of measurement description | % per year |
| Unit(s) of measurement | Percentage in the year |
| EU 2025 SDG Indicator | None specified |
| Supply chain components | ConsumptionRetail |
| Methodology | Not specified |