| 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 |
| Driving force |
Economy |
| Outcome type |
Economic impacts |
| Category |
FoodAffordability |
| Connects to transition domains |
None specified |
| Unit(s) of measurement |
Percentage in the year |
| Unit(s) of measurement description |
% per year |
| SDG Targets |
SDG_1, SDG_8 |
| Transition domain alignment |
Area_1 (Adequate), Area_2 (Adequate), Area_3 (Adequate), Area_4 (Adequate) |
| Supply chain components |
Consumption, Retail |
| Methodology |
Not specified |