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Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index

OBJECTIVES: Understanding how the development of obesogenic food environments, especially in pricing policies can help policymakers to identify effective ways to address the increasing prevalence of obesity. This study was conducted to investigate the relative time trends of prices of core (healthy)...

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Autores principales: Ngoc, Hung Nguyen, Kriengsinyos, Wantanee
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Oxford University Press 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9193852/
http://dx.doi.org/10.1093/cdn/nzac059.021
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author Ngoc, Hung Nguyen
Kriengsinyos, Wantanee
author_facet Ngoc, Hung Nguyen
Kriengsinyos, Wantanee
author_sort Ngoc, Hung Nguyen
collection PubMed
description OBJECTIVES: Understanding how the development of obesogenic food environments, especially in pricing policies can help policymakers to identify effective ways to address the increasing prevalence of obesity. This study was conducted to investigate the relative time trends of prices of core (healthy) and non-core foods (less-healthy) in Thailand from 2002 to 2021 using the Thai Consumer Price Index (CPI). METHODS: Monthly nominal CPI was obtained from the Bureau of Trade and Economic Indices. The food group's index was furtherly categorized into ‘core’ or ‘non-core’ foods. Trends in prices were examined using ordinary least square regressions and correcting for possible auto-correlation using the Newey-West method. RESULTS: During the term of 2002 to 2021, the overall percentage raise per month in the price for food and non-alcoholic beverages was 0.468%, notably, the prices of vegetables and fruits experienced double increases by 0.926%, and 0.969%, respectively. The CPI for core foods has risen at a marginally higher, albeit statistically non-significant, rate than non-core foods (0.529% vs. 0.336%, respectively). The analysis of selected groupings reveals interesting patterns. ‘Milk and dairy products' has surged in price, significantly more than ‘non-alcoholic beverages’, whereas the prices of ‘sugar and sweet' has increased significantly more than ‘flours and cereal products’. CONCLUSIONS: This examination of food price trends reveals notable differences between core and non-core foods in Thailand. Future studies need to investigate the extent to which such changes in the food environment have actually contributed to individual food consumption behaviors and consequent diet-related diseases (e.g., obesity). FUNDING SOURCES: This research received no funding.
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spelling pubmed-91938522022-06-14 Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index Ngoc, Hung Nguyen Kriengsinyos, Wantanee Curr Dev Nutr Food Choice, Markets and Policy OBJECTIVES: Understanding how the development of obesogenic food environments, especially in pricing policies can help policymakers to identify effective ways to address the increasing prevalence of obesity. This study was conducted to investigate the relative time trends of prices of core (healthy) and non-core foods (less-healthy) in Thailand from 2002 to 2021 using the Thai Consumer Price Index (CPI). METHODS: Monthly nominal CPI was obtained from the Bureau of Trade and Economic Indices. The food group's index was furtherly categorized into ‘core’ or ‘non-core’ foods. Trends in prices were examined using ordinary least square regressions and correcting for possible auto-correlation using the Newey-West method. RESULTS: During the term of 2002 to 2021, the overall percentage raise per month in the price for food and non-alcoholic beverages was 0.468%, notably, the prices of vegetables and fruits experienced double increases by 0.926%, and 0.969%, respectively. The CPI for core foods has risen at a marginally higher, albeit statistically non-significant, rate than non-core foods (0.529% vs. 0.336%, respectively). The analysis of selected groupings reveals interesting patterns. ‘Milk and dairy products' has surged in price, significantly more than ‘non-alcoholic beverages’, whereas the prices of ‘sugar and sweet' has increased significantly more than ‘flours and cereal products’. CONCLUSIONS: This examination of food price trends reveals notable differences between core and non-core foods in Thailand. Future studies need to investigate the extent to which such changes in the food environment have actually contributed to individual food consumption behaviors and consequent diet-related diseases (e.g., obesity). FUNDING SOURCES: This research received no funding. Oxford University Press 2022-06-14 /pmc/articles/PMC9193852/ http://dx.doi.org/10.1093/cdn/nzac059.021 Text en © The Author 2022. Published by Oxford University Press on behalf of The International Society for Human and Animal Mycology. https://creativecommons.org/licenses/by-nc/4.0/This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (https://creativecommons.org/licenses/by-nc/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited. For commercial re-use, please contact journals.permissions@oup.com
spellingShingle Food Choice, Markets and Policy
Ngoc, Hung Nguyen
Kriengsinyos, Wantanee
Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title_full Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title_fullStr Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title_full_unstemmed Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title_short Price Trends of Core and Non-core Foods in Thailand: An Analysis of Consumer Price Index
title_sort price trends of core and non-core foods in thailand: an analysis of consumer price index
topic Food Choice, Markets and Policy
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9193852/
http://dx.doi.org/10.1093/cdn/nzac059.021
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