Monthly food price estimates by product and market
Burkina Faso, 64 markets, 2007/01/01-2024/10/01, version 2024-10-28

Burkina Faso, 2007 - 2024

Get Microdata

Reference ID

BFA_2021_RTFP_v02_M

Producer(s)

Bo Pieter Johannes Andrée

Collection(s)

Fragility, Conflict and Violence

Metadata

Documentation in PDF DDI/XML JSON

Created on

Dec 13, 2023

Last modified

Oct 31, 2024

Page views

7843

Downloads

895

Open estimate - Rice (o_rice)

Data file: BFA_RTFP_mkt_2007_2024-10-28.csv

Overview

var_Number of valid values: 13910

Others

Notes

o_rice indicates the monthly opening price estimate for the commodity rice. It represents the initial market price at the start of each month, crucial for analyzing the opening market sentiment and baseline valuation. In financial analysis, especially in OHLC (Open, High, Low, Close) objects, the opening price is key to understanding the initial market conditions. Open price estimates are estimated as conditional means using a fractionally integrated GARCH (Generalized Autoregressive Heteroscedasticity) model estimated using a Generalized Error Distribution that allows for excess kurtosis. These data points are instrumental in plotting the price data in candlestick charts, which are pivotal for visual market analysis and identifying potential price trends, intra-month price volatility, or observe trend reversals that are significant when contrasted to natural monthly price spreads.

Back to Catalog

Monthly food price estimates by product and market Burkina Faso, 64 markets, 2007/01/01-2024/10/01, version 2024-10-28