Figure 3.6. Food Share in the Consumption Basket
Emerging and developing economies tend to have a much higher share of food in
their consumption baskets. The median CPI weight in advanced economies is 17
percent, wheras the median weight for emerging and developing economies is 31
percent.
Advanced Economies
60
40
30
20
Percent of sample
50
10
5
10
15
20
25
30
35
40
Weight in CPI basket
45
50
55
Emerging and Developing Economies
0
50
30
20
10
5
10
15
20
Source: Haver Analytics.
25
30
35
40
Weight in CPI basket
45
50
55
0
Percent of sample
40