Food Price Inflation Rates in the Euro Zone: Distribution Dynamics and Convergence Analysis
Table 1
Descriptive statistics for the “food”, “bread and cereals”, “meat”, and “vegetables” inflation rates.
Austria
Belgium
Finland
France
Germany
Greece
Ireland
Italy
Luxembourg
The Netherlands
Portugal
Spain
Food
M
*
0.019
0.023
0.016
0.019
0.012
0.031
0.020
0.017
0.025
0.017
0.017
0.027
SD*
0.021
0.020
0.034
0.020
0.024
0.025
0.018
0.035
0.016
0.029
0.028
0.025
Bread and cereals
M
0.023
0.029
0.015
0.018
0.014
0.040
0.021
0.022
0.027
0.016
0.030
0.030
SD
0.025
0.026
0.027
0.016
0.021
0.031
0.038
0.024
0.018
0.021
0.030
0.025
Meat
M
0.016
0.020
0.009
0.021
0.011
0.027
0.010
0.018
0.021
0.015
0.010
0.025
SD
0.022
0.018
0.039
0.022
0.027
0.018
0.040
0.018
0.018
0.029
0.035
0.032
Vegetables
M
0.016
0.024
0.017
0.022
0.006
0.029
0.018
0.025
0.028
0.029
0.032
0.038
SD
0.050
0.086
0.079
0.057
0.065
0.114
0.079
0.041
0.049
0.083
0.122
0.044
*
M and SD stand for mean and standard deviation, respectively.
**The numbers in parenthesis indicate the relevance ranking for each country in the specific group.