Research Reports
Improvement Tasks for the Agri-Food Consumer Price Index
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AuthorYeon, Kwanghun
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Publication Date2026.01.27
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Original
Purpose of Research
○ This study aims to provide foundational data that can be utilized for research and policy related to agricultural and food consumer prices by calculating a consumer price index for agricultural and food products that reflects household characteristics, conducting a survey on consumers’ perceptions of agricultural and food prices, and analyzing the factors driving fluctuations in the agricultural and food price index. Based on these analyses, the study also seeks to propose improvement tasks for the agricultural and food consumer price index. The specific objectives are as follows. First, to construct an agri-food consumer price index reflecting household characteristics—such as income quintile, elderly household status, and whether the household is non-working. Second, to analyze consumer perceptions and behaviors related to agri-food price inflation. This includes examining consumer perceptions of agri-food price increases, identifying how consumers respond behaviorally when prices rise, assessing consumers’ perceptions of government price-stabilization policies, and analyzing how consumers view media reports related to agri-food prices. Third, to identify the determinants affecting the agri-food consumer price index and to estimate both the short-run and long-run effects of these factors using time-series data.
(For more information, please refer to the report.)
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