Metadata Sub-indicator 2.c.1.2. Bread and Cereals Price Index

Goal 2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Target 2.c. Adopt measures to ensure the proper functioning of food commodity markets and their derivatives and facilitate timely access to market information, including on food reserves, in order to help limit extreme food price volatility

Indicator 2.c.1. Indicator of food price anomalies

Sub-indicator 2.c.1.2. Bread and Cereals Price Index

National consumer price index for Class 0111 - Bread and cereals

It is a chained Laspeyres-type index. The calculation formula is: \[_{dic(t-1)} I^{mt}_{A,p} = \sum_{i,p} {_{dic(t-1)}}} I^{mt}_{i,p}times {_{dic(t-1)} W_{i,p}}] where \(_{dic(t-1)} I^{mt}_{i,p}} is the index, referring to December of year t-1, of the functional aggregation \(i) in the geographical aggregation \(p), and \( _{dic(t-1)} W_{i,p}} \) is the weight (in per cent), referring to December of year t-1, of the functional aggregation \(i) in the geographical aggregation \(p).

Index

Monthly

Tier I

Yes

Consumer Price Index (CPI) (ISO code: 30138)

INE together with AEAT

30/05/2022

FAO