Food price monitoring tool
methods, notes and classification
DATA_DESCR For the purpose of monitoring food prices, there is a need to analyse the price developments along the supply chains. How do output prices in each step of the supply chain relate to the costs of the inputs in the production process? How are price changes in inputs in the supply chain passed through to next players in the supply chain? Eurostat has developed a prototype for a simple monitoring tool where the prices for some types of food products along the supply chain can be compared. The primary aim of this tool is to bring together the available data on price developments through the supply chain, by comparing price developments for agricultural commodities, those in the relevant food industry and the price development of selected consumer goods. Eurostat has defined together with experts in the European Commission a number of supply chains to be monitored. The tool gives information on price developments for different parts of the selected supply chains. Data used in the food supply chain monitor come from the following sources: The harmonised index of consumer prices (HICP) for the product group in the selected chain according to COICOP (classification of individual consumption by purpose). The producer price index (PPI) for a maximum of two NACE-Rev.2 classes related to the selected chain (NACE: Statistical Classification of Economic Activities in the European Community). The agricultural commodity prices index (ACP) for a maximum of two commodities related to the selected chain. For most of the chains only one NACE-class and one agricultural commodity were considered relevant for inclusion (see table under item 3.4 for more details).
CLASS_SYSTEM A table summarising the equivalence of classifications in the Food supply chain database is available under item 3.4. HICP/Consumer Prices: COICOP/HICP: Classification of Individual Consumption by Purpose adapted to the Needs of Harmonised Indices of Consumer Prices. For some of the supply chains a more detailed selection of products was made within COICOP/HICP. This is the case for chains 10-17 in the table under item 3.4. Producer Price Indices NACE-Rev.2: Statistical Classification of Economic Activities in the European Community. Agricultural commodities The general structure of the output and input indices, i.e. the list of groups, subgroups, classes, subclasses and categories for which partial indices should be calculated, is shown in Annex I of the 'Handbook for EU agricultural price statistics'. However, a number of additional points should also be noted, which are in the metadata set of the agricultural prices (see link under item 21.2).
STAT_CONC_DEF See: related metadata on item 21.2. A formal definition of a supply chain was not yet established. A supply chain is a series of economic activities that are performed by different economic actors, that all contribute to the production and distribution to the consumers of one consumer product or a group of consumer products. A limited number of supply chains were designed, which may be extended in the future. The chains and the related groups from COICOP/HICP, from NACE Rev 2. and from agricultural prices are summarized in the following table. TABLE 1: Product chains and related statistics Product supply chain Source: FSC Source: HICP FSCsource Source: PPI FSCsource Source: ACP FSCsource Code = CP_FOOD Code: COICOP Code: NACE-Rev.2 Agricultural Commodity 01 FOOD CP011 Food CP011 Food HICP C10 Manufacture of food products [-] PPI1 PPI2 140000 Agricultural goods [-] ACP1 ACP2 02 BREAD AND CEREALS CP0111 Bread and cereals CP0111 Bread and cereals HICP C106 Manufacture of grain mill products, starches and starch products C107 Manufacture of bakery and farinaceous products PPI1 PPI2 010000 Cereals (including seeds) [-] ACP1 ACP2 03 MEAT CP0112 Meat CP0112 Meat HICP C101 Processing and preserving of meat and production of meat products [-] PPI1 PPI2 110000 Animals [-] ACP1 ACP2 04 FISH CP0113 Fish and seafood CP0113 Fish and seafood HICP C102 Processing and preserving of fish, crustaceans and molluscs [-] PPI1 PPI2 [-] [-] ACP1 ACP2 05 DAIRY CP0114 Milk, cheese and eggs CP0114 Milk, cheese and eggs HICP C1051 Operation of dairies and cheese making [-] PPI1 PPI1 120000 Animal products [-] ACP1 ACP2 06 OILS AND FATS CP0115 Oils and fats CP0115 Oils and fats HICP C104 Manufacture of vegetable and animal oils and fats [-] PPI1 PPI2 021000 Oil seeds and oleaginous fruits (including seeds) 12100 Cow's milk ACP1 ACP2 07 FRUITS CP0116 Fruits CP0116 Fruits HICP CP103 Processing and preserving of fruits and vegetables [-] PPI1 PPI2 060000 Fruits [-] ACP1 ACP2 08 VEGETABLES CP0117 Vegetables CP0117 Vegetables HICP C103 Processing and preserving of fruits and vegetables [-] PPI1 PPI2 040000 Vegetables and horticultural products 05000 Potatoes (including seeds) ACP1 ACP2 09 SUGAR CP0118 Sugar, jam, honey, chocolate and confectionary CP0118 Sugar, jam, honey, chocolate and confectionary HICP C1081 Manufacture of sugar C1082 Manufacture of cocoa, chocolate and sugar confectionary PPI1 PPI2 024000 Sugar beet [-] ACP1 ACP2 10 MILK CP01141 Milk 01141 Milk * C1051 Operation of dairies and cheese making [-] PPI1 PPI2 121000 Milk [-] ACP1 ACP2 11 CHEESE CP01144 Cheese 01144 Cheese * C1051 Operation of dairies and cheese making [-] PPI1 PPI2 121000 Milk [-] ACP1 ACP2 12 EGGS CP01146 Eggs 01146 Eggs * [-] [-] PPI1 PPI2 122000 Eggs [-] ACP1 ACP2 13 PORK CP01122 Pork 01122 Pork * C101 Processing and preserving of meat and production of milk products [-] PPI1 PPI2 112000 Pigs [-] ACP1 ACP2 14 BEEF CP011211 Beef 011211 Beef * C101 Processing and preserving of meat and production of milk products [-] PPI1 PPI2 111000 Cattle [-] ACP1 ACP2 15 CHICKENS CP01124 Chicken 01124 Poultry * C101 Processing and preserving of meat and production of milk products [-] PPI1 PPI2 115100 Chickens [:] [-] ACP1 ACPI2 16 VEGETABLES CP01174 Potatoe (or other individual vegetable) 01174 Potatoes * C1031 Processing and preserving of potatoes [-] PPI1 PPI2 051000 Potatoes for consumption [:] [-] ACP1 ACP2 17 FRUIT CP011613 Apple (or other fruit) 011613 Apple * [-] [-] PPI1 PPI2 061100 Dessert apples [-] ACP1 ACP2 Sources: HICP database PPI database ACP database Legend: * Data as provided by National Statistical Offices(up to July 2009) [-] no product selected in the chain [:] series not available [-] no product selected in the chain [:] series not available
STAT_UNIT See: related metadata on item 21.2.
STAT_POP A limited number of supply chains were designed, which may be extended in the future. The chains and the related groups from COICOP/HICP, from NACE Rev 2. and from agricultural prices are summarized in the table under item 3.4.
REF_AREA Economic and Monetary Union (euro area), European Union (EU), European Economic Area (EU, Iceland and Norway) and Switzerland. Data for Turkey, Croatia and the US is also included, when available, for information. Please note that for consumer prices (HICP) the official series are the EU and EA aggregates (changing composition). Yet, as those aggregates are not used by the other sources, data for PPI and ACP will display ':' non available if EU or EA are selected. For comparison purposes with the other sources it is best to chose the series EU27 or EA17. For more information on the differences between official and analytical HICP aggregates, please refer to item 3.1 of the HICP metadata.
BASE_PER All indices used have a common base year (2005=100). The more detailed HICP-indices that were provided by Member States have in some countries and periods another base year but they were rescaled to 2005=100. Some of the more detailed consumer price indices for Norway are rescaled to the period August 2005-July 2006=100
UNIT_MEASURE All prices are expressed as indices (prc_fsc_idx) and percentage changes (%) (prc_fsc_anr). The prices used in the HICP should be the prices paid by households to purchase individual goods and services in monetary transactions. The purchaser's price is the price actually paid at the time of purchase. 'Producer prices' are SNA/ESA basic prices that means excluding invoiced VAT and excluding all other taxes on products and including subsidies on products.
Methods 
Explanatory Notes 
Variables