Skip to main content

Collecting Prices for Food Security Programming: The how and why of price data collection at WFP, March 2017

Collecting Prices for Food Security Programming: The how and why of price data collection at WFP, March 2017

As a contribution towards standardizing price data collection, this paper aims to explore the core issues related to setting up a price monitoring system, also in countries where no such system currently exists. It describes the factors a country office needs to consider when designing such a system, namely:

  • The objective of the price monitoring and its sustainability
  • Selection of markets
  • Selection of traders
  • Selection of food commodities (and/or brands)
  • Units of measure
  • Frequency
  • Technology
  • Monitoring beyond food