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Beyond the Consumer Food Price Index Measuring the Cost of a Healthy Diet in India

By: Contributor(s): Material type: TextTextPublication details: Economic and Political Weekly; 2024Description: 48-56ISSN:
  • 00129976
Subject(s): Online resources: Summary: In this paper, we make a case for routinely computing the CoHD alongside the CPI-F.  We show that, though correlated with the consumer price index for food, they do not always move in the same direction and that the CPI-F is a poor predictor of CoHD. Thus, attempts to draw inferences on the health and nutritional implications of food inflation using the CPI-F can lead to erroneous conclusions. We propose that the CoHD be used as a barometer for barriers faced in attaining healthy diverse diets across time as well as space and as an input into policy decisions, such as costing social protection programmes.
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Article Index Article Index Dr VKRV Rao Library Vol. 59, No. 32 Not for loan AI520

In this paper, we make a case for routinely computing the CoHD alongside the CPI-F.  We show that, though correlated with the consumer price index for food, they do not always move in the same direction and that the CPI-F is a poor predictor of CoHD. Thus, attempts to draw inferences on the health and nutritional implications of food inflation using the CPI-F can lead to erroneous conclusions. We propose that the CoHD be used as a barometer for barriers faced in attaining healthy diverse diets across time as well as space and as an input into policy decisions, such as costing social protection programmes.

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