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Food price volatility in 2021—2022 in the context of food security

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  • N. I. Shagaida
  • S. Ternovsky

Abstract

The article considers one of the aspects of food security — food price volatility. Assessing price anomalies in the food market, as used in the FAO’s FPMA, is adapted and tested on Russian statistics. Special periods in the dynamics of food price volatility were identified, based on the indicator of price anomalies. The contribution of various food products to the growth in food prices in 2020—2022 is calculated, the inexpediency of maintaining the rules in force since 2021 for imposing marginal prices for socially significant food products is justified. The levels of food security in Russia in 2020—2022 are assessed according to the original methodology, which can be used as a basis for improving the existing state system of indicators.

Suggested Citation

  • N. I. Shagaida & S. Ternovsky, 2023. "Food price volatility in 2021—2022 in the context of food security," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 9.
    • Handle: RePEc:nos:voprec:y:2023:id:4625
    DOI: 10.32609/0042-8736-2023-9-29-46
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