Inflation, consumer prices (annual %)
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 available
Food system outcome type: economic impacts
Category: FoodAffordability
Unit(s) of measurement description:
% per year
Unit of measurement:
Supply chain components: