Foodstuffs (foods, foodstuff)

In the Harmonized Index of Consumer Prices, foodstuffs have a relatively high weighting at almost twenty percent – of which 11.9 percent is processed food and 7.6 percent is unprocessed food such as meat, fish, fruit and vegetables. As a result, price changes are monitored particularly closely by the ECB for signs of inflation. – See agricultural policy, agribulk, biofuels, cash crop, inflation, inflation expectations, core inflation, climate inflation, carbon dioxide inflation, dairy, protein inflation, commodity prices, second-round effect. – See ECB Monthly Bulletin of September 2007, pp. 66 ff (developments since 1980; contribution to the HICP with overview of weights; outlook), ECB Monthly Bulletin of December 2007 (prices broken down by groups, countries and years), ECB Monthly Bulletin of September 2008, pp. 13 ff (food price increases; overviews), ECB Monthly Bulletin of April 2010, pp. 70 ff (effects of food price shocks since 1997; overview), ECB Monthly Bulletin of June 2010, pp. 60 ff. (prices of agricultural commodities and food since 2007; overviews), BaFin Annual Report 2009, p. 45 (to prevent market abuse, supervisory standards should be improved), ECB Monthly Report of January 2011, pp. 13 ff. (market condition and outlook; prices since 2006; references), ECB Monthly Report of October 2013, p. 66 ff. (food prices worldwide and in the EU since 1997; trends toward synchronization due to EU agricultural policy), Deutsche Bundesbank Monthly Report of August 2014, p, 13 ff. (determinants of food prices).

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