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Jollof Index
The Jollof Index is a metric developed by Nigerian research firm SBM Intelligence that measures food inflation by tracking the cost of ingredients used to prepare Jollof rice, a popular West African dish. The index is compiled using data collected from various markets in Nigeria and Ghana on a monthly basis, providing valuable insights into food inflation trends in West Africa. The index is used to monitor changes in food prices and understand their impact on households and the economy. It tracks the cost of ingredients used to prepare Jollof rice, providing insights into food inflation trends in West Africa. The index is compiled using data collected from various markets in Nigeria and Ghana on a monthly basis, and as a result, provides valuable insights into the impact of food price changes on households and the economy. Because food is often the largest expense for Nigerian families, accounting for two-thirds of the household expenses, the Jollof index tracks a major expense ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Inflation
Food inflation is a type of inflation that affects food items. It often the most noticeable form of inflation, and tends to impact lower income individuals the hardest. Common causes include poor harvest, war, increasing energy prices, and food being unharvested. Food inflation almost always leads to currency inflation, as food is a requirement for survival. The most common policy to counter-measure to food inflation is subsidies and price controls. During times of crisis, such as war or famine governments often implement a system of food rationing. Food stamps, or a food aid to lower income individuals also helps alleviate food inflation. Maintaining a varied agricultural industry can help midigate the effects of food inflation on a single crop. In the case of artificial food inflation laws or litigation can be used against corporations that practice predatory pricing, monopoly pricing or price gouging. Lower income individuals have lower savings and tend to spend more of their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Prices
Food prices refer to the average price level for food across countries, regions and on a global scale. Food prices affect producers and consumers of food. Price levels depend on the food production process, including food marketing and food distribution. Fluctuation in food prices is determined by a number of compounding factors. Geopolitical events, global demand, exchange rates, government policy, diseases and crop yield, energy costs, availability of natural resources for agriculture, food speculation, changes in the use of soil and weather events directly affect food prices. To a certain extent, adverse price trends can be counteracted by food politics. The consequences of food price fluctuation are multiple. Increases in food prices, or agflation, endangers food security, particularly for developing countries, and can cause social unrest. Increases in food prices is related to disparities in diet quality and health, particularly among vulnerable populations, such as wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jollof Rice
Jollof (), or jollof rice, is a rice dish from West Africa. The dish is typically made with long-grain rice, tomatoes, chilis, onions, spices, and sometimes other vegetables and/or meat in a single pot, although its ingredients and preparation methods vary across different regions. The dish originated in Senegal. Regional variations are a source of competition among the countries of West Africa, and in particular between Nigeria and Ghana, over whose version is the best; in the 2010s this developed into a friendly rivalry known as the "Jollof Wars". In French-speaking West Africa, a variation of the dish is known as riz au gras. The Senegalese version, thieboudienne, has been recognized by UNESCO as an intangible cultural heritage dish. History and origin The Jolof or Wolof Empire was a confederacy state that ruled parts of West Africa situated in modern-day Senegal, Mali, The Gambia and Mauritania from around the 12th century and was later known as the Jolof Kingdom. Acco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria
Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, a population of more than 230 million, it is the List of African countries by population, most populous country in Africa, and the List of countries and dependencies by population, world's sixth-most populous country. Nigeria borders Niger in Niger–Nigeria border, the north, Chad in Chad–Nigeria border, the northeast, Cameroon in Cameroon–Nigeria border, the east, and Benin in Benin–Nigeria border, the west. Nigeria is a Federation, federal republic comprising 36 States of Nigeria, states and the Federal Capital Territory, Nigeria, Federal Capital Territory, where its capital, Abuja, is located. The List of Nigerian cities by population, largest city in Nigeria by population is Lagos, one of the largest List of largest cities, metr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghana
Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to the east. Ghana covers an area of , spanning diverse ecologies, from coastal savannas to tropical rainforests. With nearly 35 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Tema, Kumasi, Sunyani, Ho, Cape Coast, Techiman, Tamale, and Sekondi-Takoradi. The earliest kingdoms to emerge in Ghana were Bonoman in the south and the Kingdom of Dagbon in the north, with Bonoman existing in the area during the 11th century. The Asante Empire and other Akan kingdoms in the south emerged over the centuries. Beginning in the 15th century, the Portuguese Empire, followed by other European powers, contested the area for trading r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Mac Index
The Big Mac Index is a price index published since 1986 by ''The Economist'' as an informal way of measuring the purchasing power parity (PPP) between two currency, currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible." The Index (economics), index compares the relative price worldwide to purchase the Big Mac, the flagship hamburger sold at McDonald's restaurants. Overview The Big Mac index was introduced in ''The Economist'' in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. Although the Big Mac Index was not intended to be a legitimate tool for exchange rate evaluation, it is now globally recognised and featured in many academic textbooks and reports. The index also gave rise to the word ''burgernomics.'' The theory underpinning the Big Mac index stems fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KFC Index
The KFC Index is an informal guide to measure purchasing power parity comparing exchange rates in African countries. Inspired by the Big Mac Index, the key difference between the two indices is that the KFC Index focuses solely on Africa; the Big Mac Index coverage is worldwide but not as applicable to Africa since McDonald's has little presence there, whereas KFC chains operate in almost 20 countries across the continent. Overview The KFC index was created by Sagaci Research (a Pan-African primary market research firm) as an informal way to gauge whether currencies in African countries are "correctly valued". It is based on the theory of purchasing power parity, which states exchange rates should move towards the rate that would equalize the prices of an identical basket of goods and services between two countries. In this case, the concerned goods are KFC's Original 12/15 piece Bucket and geographically specific to African countries. The KFC Index also covers the United Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Index
A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic designed to measure how these price relatives, as a whole, differ between time periods or geographical locations, often expressed relative to a base period set at 100. Price indices serve multiple purposes. Broad indices, like the Consumer price index, reflect the economy’s general price level or cost of living, while narrower ones, such as the Producer price index, assist producers with pricing and business planning. They can also guide investment decisions by tracking price trends. Types of price indices Some widely recognized price indices include: * Consumer price index – Measures retail price changes for consumer goods and services. * Producer price index – Tracks wholesale price changes for producers. * Wholesal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2015 Introductions
Fifteen or 15 may refer to: *15 (number) *one of the years 15 BC, AD 15, 1915, 2015 Music *Fifteen (band), a punk rock band Albums * 15 (Buckcherry album), ''15'' (Buckcherry album), 2005 * 15 (Ani Lorak album), ''15'' (Ani Lorak album), 2007 * 15 (Phatfish album), ''15'' (Phatfish album), 2008 * 15 (Tuki album), ''15'' (Tuki album), 2025 * 15 (mixtape), ''15'' (mixtape), a 2018 mixtape by Bhad Bhabie * Fifteen (Green River Ordinance album), ''Fifteen'' (Green River Ordinance album), 2016 * Fifteen (The Wailin' Jennys album), ''Fifteen'' (The Wailin' Jennys album), 2017 * ''Fifteen'', a 2012 album by Colin James Songs *Fifteen (song), "Fifteen" (song), a 2008 song by Taylor Swift *"Fifteen", a song by Harry Belafonte from the album ''Love Is a Gentle Thing'' *"15", a song by Rilo Kiley from the album ''Under the Blacklight'' *"15", a song by Marilyn Manson from the album ''The High End of Low'' Other media *15 (film), ''15'' (film), a 2003 Singaporean film *Fifteen (T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Economic Indicators
Global may refer to: General *Globe, a spherical model of celestial bodies *Earth, the third planet from the Sun Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Marcoss'' Companies and brands Television * Global Television Network, in Canada ** Canwest Global, former parent company of Global Television Network ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Calgary ** Global Edmonton ** Global Halifax ** Global Montreal ** Global News, the news division of the Global Television Network ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto * Global TV (Venezuela), a regional channel in Venezuela * Global TV, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
