Sustainable Development Goals - 17 Goals to Transform our World

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

Indicator 2.c.1.a: Food and non-alcoholic beverages price index (compared to the previous year)

Food and non-alcoholic beverages price index (compared to the previous year)

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Headline data

This table provides metadata for the actual indicator available from Armenia statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Armenian statistics, this table should be consulted for information on national methodology and other Armenian-specific metadata information.

Indicator available
Indicator description

The food and non-alcoholic beverages index shows the monthly changes in the prices of goods purchased by households in the consumer market of the Republic of Armenia. The price observations for the calculation are carried out on a monthly basis, through a three-time visit to the trade points, strictly keeping the 10-day visit interval (on the 1st, 10th, 20th of each month, in the next days). Two to three representatives with clear descriptions are selected for each product.

Geographical coverage

Armenia

Unit of measurement

%

Definitions

The food and non-alcoholic beverages price index determines the change in the overall level of prices of foodstuff and non-alcoholic beverages of the stable basket over a period of time and the ratio of that value to the base period over the reporting period. The index characterizes the change in the general level of food prices and non-alcoholic beverages purchased by the population on an annual, quarterly, monthly basis.

Calculations

The lowest level (of each commodity) indices are calculated by the Jevons formula, as the ratio of the average geometric prices of the selected species recorded in the current and base period of each commodity. For the aggregation of commodity groups and the total RA main indexes the constant weights by the modified Laspeyres formula is used.

Other information

For the methodological guidelines for observation of consumer prices of goods and tarrifs for services and the calculation of consumer price indexes see the following link: https://www.armstat.am/file/doc/99518258.pdf

Data last updated 2020-02-18: see changes on GitHub opens in a new window
Metadata last updated 2020-11-15: see changes on GitHub opens in a new window

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator name

Food and non-alcoholic beverages price index (compared to the previous year)

Indicator number

2.c.1.a

Target name
Target number

2.c

Global indicator description
UN designated tier
UN custodian agency
Link to UN metadata
Organisation Armstat
Link to data source
Contact details
Other information