The PriceStats Daily World Food Inflation Index is a composite for the United States, the United Kingdom, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Spain, Greece, Canada, Australia, Japan, South Korea, Russia, South Africa, Brazil, Chile, China, Colombia, Uruguay, Turkey, and Argentina. The index uses the non-seasonally adjusted food and non-alcoholic beverages component of the CPI of each country, with weightings based on the final household consumption expenditure of 2010, in current dollars, from the World Bank. When new country-level PriceStats indices are released, they are incorporated into this index without updating historical values.
*Weighted aggregate using data from the statistical office of each country and Eurostat. We update the historical values when these organizations do.
For an explanation of how the PriceStats series is calculated, please click here.
Note: A set of index changes went into effect on January 1, 2018
The information provided herein is not intended to suggest or recommend any investment or investment strategy, does not constitute investment advice, does not constitute investment research and is not a solicitation to buy or sell securities. It does not take into account any investor's particular investment objectives, strategies or tax status. Past performance is no guarantee of future results. For more information, please see the link for the marketing disclaimer for State Street Markets research, available in the “Legal Disclosure” section of our “Disclosures” page referenced in the footer below.