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Alternative price and quantity indices for fresh fruits and vegetables

Author

Listed:
  • Aslihan Atabek Demirhan

    (Central Bank of the Republic of Turkiye / Turkiye)

  • Saide Simin Bayraktar

    (Central Bank of the Republic of Turkiye / Turkiye)

Abstract

For central banks, whose main objective is price stability, it is crucial to expand information sets that support monitoring price development and advance methods that contribute to timely and sound predictions. Fruit and vegetable prices, which make up about a quarter of the food and non-alcoholic beverages group with the highest weight in the CPI basket, exhibit high seasonal and irregular changes due to unbalanced demand and supply conditions. Although monitoring developments in the fruit and vegetable sub-group is important due to both food security and the weight structure of the basket, available data sets and indicators are quite limited. This study aims to introduce new leading indicators that we have developed that enable monitor supply, demand and price developments of fruits and vegetables closely.

Suggested Citation

  • Aslihan Atabek Demirhan & Saide Simin Bayraktar, 2024. "Alternative price and quantity indices for fresh fruits and vegetables," Journal of Applied Microeconometrics, Holistence Publications, vol. 4(2), pages 97-107.
    • Handle: RePEc:jle:joujam:jame2574
    DOI: 10.53753/jame.2574
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