Question

write about the importance of food price index​

Answer 1

Answer:

food price refers to the average price of particular food commodities globally and across countries . the price of goods not only provide an important indicator of an balance between agricultural production and market demand , but also have strong impacts on food affordability and income ....

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Answer 2

Answer:

the food price index (fpi) measures the chance in food prices faced by households over time.tlThe food group is the only commodity group of the consumers price index (cpi) for which as index is prepared each month. The cpi is prepared quarterly.

The fpi consists of five subgroups.

. fruit and vegetables

. meat,poultry and fish

. non - alcoholic beverages

. restaurants meals and ready-to-ear food

. grocery food