Notes
inflation_food_price_index provides the 12-month inflation rate, or price change rate, for commodity food_price_index. This metric is calculated by comparing the current price against the price from 12 months prior, giving an annualized percentage change. Inflation rates are crucial economic indicators, reflecting the purchasing power and cost of living changes. For a more comprehensive understanding of overall inflation, analyzing a basket of food items rather than single commodities is recommended, as it offers a broader perspective of general price trends. This data is instrumental in economic planning, policy making, and understanding the macroeconomic environment.