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Analytical Report on Inflation in Consumer Price Index for Food

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    Booklet
    General and food consumer price indices inflation rates
    March 2023 update
    2023
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    Annual changes in global and regional consumer price indices (CPI) measure inflation rates of food and general consumer prices for a group of countries at different geographical scales: subregional (e.g. Middle Africa), regional (e.g. Africa) and global (all countries). The general CPI covers 204 countries, and the food CPI covers 200 countries worldwide. 22.1 percent of the observations for the food CPI and 9.2 percent for the general CPI are estimated. Country and regional consumer price indices are updated in FAOSTAT quarterly. This brief analyses the March 2023 update.
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    Book (series)
    Consumer price indices and food inflation 2020
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    Global and regional consumer price indices (CPI) measure food inflation for a group of countries at different geographical scales. Global CPI covers 193 countries worldwide. Country Consumer Price Indices are updated in FAOSTAT on a quarterly basis. Between 2014 and 2018, annual food inflation in most regions of the world presented various trends. The most remarkable variation was recorded in Africa, where the food inflation rate increased from 6.7 percent in 2014 to 13.8 percent in 2017. Asia saw a significant decrease from 4.5 percent in 2014 to 1.9 percent in 2017, before increasing to 3.2 percent in 2018. Latin America and the Caribbean experienced a remarkable decline in their annual inflation food rate from 7.5 percent in 2016 to 2.9 percent in 2017 before increasing again to 4.6 percent in 2018. During the same period, both North America and Europe experienced a low inflation rate.
  • Thumbnail Image
    Booklet
    General and food consumer price indices inflation rates
    March 2022 update
    2022
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    Annual inflation rates of global and regional consumer price indices (CPI) measures inflation rates of food and general consumer price indices for a group of countries at different geographical scales: sub-regional (e.g. Middle Africa), regional (e.g. Africa) and global (all countries). Country and regional consumer price indices are updated in FAOSTAT on a quarterly basis. The general CPI covers 204 countries, and the food CPI covers 200 countries worldwide. The evolution of the COVID-19 pandemic and the uncertainty surrounding the geopolitical situation in Eastern Europe in 2021 affected both the year-on-year variation of the consumer price indices and the statistical quality of the price data. According to the latest update the annual variation of the global general consumer price index decreased from 3.8 percent in 2019 to 3.5 percent in 2020 before going up to 6.3 percent in 2021.

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