OECD-FAO Agricultural Outlook 2015

This edition of the Agricultural Outlook – the twenty-first OECD edition and the eleventh prepared jointly with the Food and Agriculture Organization of the United Nations (FAO) – provides projections to 2024 for major agricultural commodities, biofuels and fish. The 2015 report provides a special focus on prospects and challenges for Brazilian agriculture.
The market projections not only cover OECD member countries (European Union as a region) but also FAO member countries, notably Brazil, the Russian Federation, India, People's Republic of China and South Africa.
OECD-FAO Agricultural Outlook 2015 - © OECD 2015
B.1 | Information on food price changes | ||||||||
B.1 | Information on food price changes | ||||||||
| | Total inflation % change (year-on-year) | Food inflation % change (year-on-year) 2 | Expenditure share of food | Food contribution to total change in inflation 3 | ||||
2014 | 2015 | 2014 | 2015 | 2014 | 2015 | 2014 | 2015 | ||
| OECD | ||||||||
| Australia 1 | 2.9 | .. | 2.4 | .. | 12.8 | 12.8 | 0.3 | .. |
| Austria | 1.6 | 0.7 | 2.7 | 0.6 | 12.0 | 12.0 | 0.3 | 0.1 |
| Belgium | 1.1 | -0.7 | 1.6 | -0.8 | 17.4 | 17.4 | 0.3 | -0.1 |
| Canada | 1.5 | 1.0 | 1.0 | 5.4 | 11.5 | 11.5 | 0.1 | 0.6 |
| Chile | 3.0 | 4.5 | 4.4 | 9.5 | 18.9 | 18.9 | 0.8 | 1.8 |
| Czech Republic | 0.2 | 0.1 | 3.9 | -1.5 | 17.0 | 17.0 | 0.7 | -0.3 |
| Denmark | 1.0 | -0.1 | -1.0 | 0.4 | 11.5 | 11.5 | -0.1 | 0.0 |
| Estonia | 1.1 | -1.3 | 2.5 | -1.9 | 21.7 | 21.7 | 0.5 | -0.4 |
| Finland | 1.6 | -0.2 | 3.9 | -1.4 | 13.4 | 13.4 | 0.5 | -0.2 |
| France | 0.7 | -0.4 | 0.1 | -0.4 | 14.7 | 14.7 | 0.0 | -0.1 |
| Germany | 1.3 | -0.4 | 3.2 | -1.0 | 10.4 | 10.4 | 0.3 | -0.1 |
| Greece | -1.5 | -2.8 | -0.8 | -0.5 | 17.1 | 17.1 | -0.1 | -0.1 |
| Hungary | -0.1 | -1.5 | -0.7 | -1.2 | 19.6 | 19.6 | -0.1 | -0.2 |
| Iceland | 3.1 | 0.8 | 3.6 | 1.3 | 14.9 | 14.9 | 0.5 | 0.2 |
| Ireland | 0.2 | -0.6 | -1.7 | -2.4 | 11.7 | 11.7 | -0.2 | -0.3 |
| Israel | 1.4 | -0.5 | 2.7 | -4.1 | 14.3 | 14.3 | 0.4 | -0.6 |
| Italy | 0.7 | -0.6 | 1.3 | 0.1 | 16.3 | 16.3 | 0.2 | 0.0 |
| Japan | 1.4 | 2.4 | 1.5 | 4.6 | 19.0 | 19.0 | 0.3 | 0.9 |
| Korea | 1.1 | 0.8 | -1.8 | 2.0 | 14.4 | 14.4 | -0.3 | 0.3 |
| Luxembourg | 1.5 | -0.4 | 3.1 | -0.6 | 11.1 | 11.1 | 0.3 | -0.1 |
| Mexico | 4.5 | 3.1 | 4.9 | 5.4 | 18.9 | 18.9 | 0.9 | 1.0 |
| Netherlands | 1.4 | 0.0 | 0.6 | -0.6 | 11.3 | 11.3 | 0.1 | -0.1 |
| New Zealand 1 | 1.5 | .. | 0.5 | .. | 17.4 | 17.4 | 0.1 | .. |
| Norway | 2.3 | 2.0 | 3.1 | 2.4 | 13.3 | 13.3 | 0.4 | 0.3 |
| Poland | 0.7 | -1.1 | 1.4 | -3.9 | 24.1 | 24.1 | 0.3 | -0.9 |
| Portugal | 0.1 | -0.4 | 0.2 | -0.1 | 18.1 | 18.1 | 0.0 | 0.0 |
| Slovak Republic | 0.0 | -0.4 | 0.8 | -1.9 | 18.4 | 18.4 | 0.2 | -0.4 |
| Slovenia | 0.8 | -0.5 | 1.6 | -1.3 | 17.0 | 17.0 | 0.3 | -0.2 |
| Spain | 0.2 | -1.3 | 1.2 | -0.4 | 18.2 | 18.2 | 0.2 | -0.1 |
| Sweden | -0.2 | -0.2 | 0.3 | 1.5 | 13.9 | 13.9 | 0.0 | 0.2 |
| Switzerland | 0.1 | -0.5 | 1.1 | 0.3 | 10.8 | 10.8 | 0.1 | 0.0 |
| Turkey | 7.8 | 7.2 | 10.9 | 11.0 | 26.8 | 26.8 | 2.9 | 2.9 |
| United Kingdom | 1.9 | 0.3 | 2.0 | -2.5 | 11.8 | 11.8 | 0.2 | -0.3 |
| United States | 1.6 | -0.1 | 0.5 | 3.3 | 7.8 | 7.8 | 0.0 | 0.3 |
| OECD Total | 1.7 | 0.5 | 1.5 | 2.3 | .. | .. | .. | .. |
| Enhanced Engagement | ||||||||
| Brazil | 5.6 | 7.1 | 7.3 | 8.7 | 22.5 | 22.5 | 1.6 | 2.0 |
| China | 2.5 | 0.8 | 3.7 | 1.1 | 33.6 | 33.6 | 1.2 | 0.4 |
| India | 8.2 | 7.0 | 11.4 | 8.2 | 35.4 | 35.4 | 4.0 | 2.9 |
| Indonesia | 7.2 | 7.2 | 7.2 | 4.8 | 19.6 | 19.6 | 2.2 | 1.6 |
| Russian Federation | 6.1 | 15.0 | 6.7 | 23.4 | 32.8 | 32.8 | 2.2 | 7.7 |
| South Africa | 5.8 | 4.4 | 4.9 | 6.1 | 18.3 | 18.3 | 0.9 | 1.1 |
| Non OECD | ||||||||
| Algeria | 2.0 | 4.7 | 1.7 | 5.6 | 43.8 | 43.8 | 0.7 | 2.5 |
| Argentina | 13.7 | 21.0 | 12.6 | 23.6 | 20.3 | 20.3 | 2.6 | 4.8 |
| Bangladesh | 7.5 | 6.0 | 10.2 | 6.1 | 28.6 | 28.6 | 2.9 | 1.7 |
| Bolivia | 6.1 | 5.9 | 8.7 | 9.5 | 39.3 | 39.3 | 3.4 | 3.7 |
| Botswana | 4.3 | 3.7 | 3.6 | 2.3 | 23.7 | 23.7 | 0.9 | 0.5 |
| Bulgaria | -2.2 | -1.0 | -1.8 | -1.0 | 37.2 | 37.2 | -0.7 | -0.4 |
| Colombia | 2.0 | 3.8 | 1.2 | 5.4 | 34.7 | 34.7 | 0.4 | 1.9 |
| Costa Rica | 3.2 | 4.5 | 2.2 | 7.4 | 25.7 | 25.7 | 0.6 | 1.9 |
| Dominican Republic | 2.8 | 1.2 | 0.7 | 8.1 | 29.2 | 29.2 | 0.2 | 2.4 |
| Ecuador | 2.9 | 3.5 | 3.1 | 3.2 | 31.7 | 31.7 | 1.0 | 1.0 |
| Egypt | 11.3 | 10.7 | 18.5 | 8.2 | 26.3 | 26.3 | 4.9 | 2.2 |
| El Salvador | 0.8 | -0.8 | 1.7 | 3.0 | 38.1 | 38.1 | 0.6 | 1.1 |
| Ethiopia | 7.8 | 7.7 | 10.9 | 8.2 | 57.0 | 57.0 | 6.2 | 4.7 |
| Ghana | 13.8 | 16.4 | 7.1 | 6.9 | 37.0 | 37.0 | 2.6 | 2.6 |
| Guatelama | 4.2 | 2.3 | 8.9 | 8.7 | 28.6 | 28.6 | 2.5 | 2.5 |
| Haiti | 3.4 | 6.6 | 3.2 | 5.8 | 50.4 | 50.4 | 1.6 | 2.9 |
| Honduras | 6.0 | 3.8 | 5.1 | 6.6 | 31.8 | 31.8 | 1.6 | 2.1 |
| Hong Kong, China | 4.6 | 4.1 | 4.2 | 3.7 | 16.1 | 16.1 | 0.7 | 0.6 |
| Iraq | 4.0 | -0.4 | 10.2 | -7.2 | 35.0 | 35.0 | 3.6 | -2.5 |
| Jordan | 3.3 | 0.2 | 3.0 | 1.6 | 35.2 | 35.2 | 1.1 | 0.6 |
| Kenya | 7.2 | 5.5 | 10.1 | 7.7 | 36.0 | 36.0 | 3.7 | 2.8 |
| Madagascar | 6.1 | 6.1 | 6.4 | 4.9 | 60.0 | 60.0 | 3.8 | 2.9 |
| Malawi | 26.0 | 21.2 | 26.0 | 21.5 | 25.0 | 25.0 | 6.5 | 5.4 |
| Malaysia | 0.4 | 1.0 | 0.5 | 2.8 | 56.3 | 56.3 | 0.3 | 1.6 |
| Moldavia | 5.1 | 4.7 | 7.3 | 4.6 | 60.0 | 60.0 | 4.4 | 2.7 |
| Morocco | 0.5 | 1.6 | -0.6 | 2.1 | 40.4 | 40.4 | -0.2 | 0.8 |
| New Caledonia | 0.0 | 0.5 | -0.7 | 1.4 | 21.0 | 21.0 | -0.1 | 0.3 |
| Nicaragua | 5.4 | 5.2 | 9.9 | 4.9 | 26.1 | 26.1 | 2.6 | 1.3 |
| Niger | 0.1 | 0.8 | 0.3 | 0.0 | 29.0 | 29.0 | 0.1 | 0.0 |
| Nigeria | 8.0 | 8.2 | 9.3 | 9.2 | 51.8 | 51.8 | 4.8 | 4.8 |
| Pakistan | 8.4 | 3.9 | 8.4 | 2.2 | 45.5 | 45.5 | 3.8 | 1.0 |
| Panama | 3.4 | 0.9 | 4.5 | -15.5 | 33.6 | 33.6 | 1.5 | -5.2 |
| Paraguay | 3.9 | 3.4 | 4.8 | 4.0 | 39.1 | 39.1 | 1.9 | 1.6 |
| Peru | 3.1 | 3.0 | 2.8 | 1.8 | 29.0 | 29.0 | 0.8 | 0.5 |
| Philipinnes | 4.2 | 2.4 | 3.3 | 5.3 | 39.0 | 39.0 | 1.3 | 2.1 |
| Romania | 1.0 | -0.1 | -2.2 | 1.0 | 37.4 | 37.4 | -0.8 | 0.4 |
| Rwanda | 3.2 | 0.4 | 4.2 | 0.2 | 48.4 | 48.4 | 2.0 | 0.1 |
| Senegal | 0.5 | -2.4 | 0.3 | -3.5 | 53.4 | 53.4 | 0.2 | -1.9 |
| Singapore | 1.4 | -0.3 | 3.0 | 2.4 | 8.5 | 8.5 | 0.3 | 0.2 |
| Sri Lanka | 4.4 | 3.2 | 1.3 | 12.0 | 41.0 | 41.0 | 0.5 | 4.9 |
| Chinese Taipei | 0.8 | -0.9 | 1.0 | 4.5 | 16.6 | 16.6 | 0.2 | 0.7 |
| Tanzania | 6.0 | 4.0 | 6.0 | 4.9 | 33.6 | 33.6 | 3.8 | 3.1 |
| Thailand | 1.9 | -0.4 | 3.6 | 2.3 | 33.0 | 33.0 | 1.2 | 0.8 |
| Tunisia | 5.0 | 5.9 | 5.9 | 7.1 | 33.8 | 33.8 | 2.0 | 2.4 |
| Uganda | 1.3 | 6.9 | -3.3 | 11.1 | 27.2 | 27.2 | -0.9 | 3.0 |
| Uruguay | 9.2 | 8.0 | 8.8 | 11.0 | 19.2 | 19.2 | 1.7 | 2.1 |
| Zambia | 7.3 | 7.7 | 5.9 | 7.4 | 52.5 | 52.5 | 3.1 | 3.9 |
Not available | |||||||||
Disclaimer: http://oe.cd/disclaimer | |||||||||
No data available for January 2015 in Australia and New Zealand. | |||||||||
CPI food: definition based on national sources. | |||||||||
Contribution is food inflation multiplied by expenditure share, expressed in %. | |||||||||
Source: OECD and national sources. |