The Analysis of Vital Food Cost

Authors

  • Xinghao Chen

DOI:

https://doi.org/10.56028/aemr.7.1.630.2023

Keywords:

Factors affecting the price; Price forecasting; CPi; Data visualization chart.

Abstract

This paper analyzes the price fluctuation trends of four essential foods in Canada, Australia, Japan, South Africa and Sweden during 2018-2022, so as to explore the factors affecting the price of essential foods and predict the future trend of food prices. According to the sample data, the data cleaning work was carried out to obtain the price growth rate excluding the price factor, and the data visualization chart was established combining the characteristics of cpi index, time change, and national conditions. Combining a variety of data visualization charts to analyze and study the problem, it has good practicability and accuracy.

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Published

2023-09-22