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Headline data

Indicator of food price anomalies
Year Value Units
2015 0.79 Index
2016 -1.35 Index
2017 -1.12 Index
2018 -0.61 Index
2019 0.54 Index
2020 0.34 Index
2021 -0.46 Index
2022 1.11 Index
2023 0.89 Index

Source: Food and Agriculture Organization of the United Nations (FAO)

Geographical Area: Canada

Unit of Measurement:

Note:

The table below contains more information regarding the indicator.

Goal

Goal 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Target

Target 2.c: Adopt measures to ensure the proper functioning of food commodity markets and their derivatives and facilitate timely access to market information, including on food reserves, in order to help limit extreme food price volatility
Indicator

Indicator 2.c.1: Indicator of food price anomalies
Definition and concepts

The indicator of food price anomalies (IFPA) identifies market prices that are abnormally high. The IFPA relies on a weighted compound growth rate that accounts for both within year and across year price growth. The indicator directly evaluates growth in prices over a particular month over many years, taking into account seasonality in agricultural markets and inflation, allowing to answer the question of whether or not a change in price is abnormal for any particular period.
Comment and limitations
Method of computation

Data were readily available to report on this indicator as specified by the metadata. Please refer to the sources to access additional information on the metadata or source.

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.

Goal

Goal 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Target

Target 2.c: Adopt measures to ensure the proper functioning of food commodity markets and their derivatives and facilitate timely access to market information, including on food reserves, in order to help limit extreme food price volatility
Indicator

Indicator 2.c.1: Indicator of food price anomalies
UN designated tier

Tier II
UN custodian agency

Food and Agriculture Organization of the United Nations (FAO)
Link to UN metadata United Nations Sustainable Development Goals Metadata opens in a new window

Source 1

Organisation

Food and Agriculture Organization of the United Nations (FAO)
Periodicity

Annual
Geographical coverage

Canada
Link to data source 2.c.1 Indicator of Food Price Anomalies (IFPA), by Food CPI (Primary series) opens in a new window
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