Inflation in Marine Fish Price in India: Analysis Using Ex- Vessel Price Indices

Aswathy, N and Narayanakumar, R (2017) Inflation in Marine Fish Price in India: Analysis Using Ex- Vessel Price Indices. International Journal of Agriculture Innovations and Research, 5 (5). pp. 677-680. ISSN 2319-1473

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    Abstract

    Inflation in general and food inflation in particular greatly affects the poor as they spend a large share of their income on food. Analysis of food inflation helps to develop strategies for improving the supply- demand situation. The inflation in marine fish prices were analyzed by developing an aggregate marine fish price index based on the ex-vessel prices of 22 marine fish groups for the period 1995-2014. The growth in landings and value of marine fish in India for the period 1995 to 2014 was also analyzed using compound annual growth rates. The aggregate price index showed the highest increase during 2005-2014 period (129.42%) when compared to 1995-2004 period (106.16%). The compound annual growth rate of marine fish landings was 0.68 % during 1995-2004 period and 5.43 % during 2005-2014 period. The gross value of marine fish deflated based on wholesale price indices (WPI) showed that the growth in real values of marine fish was higher during 2005- 2014 period when compared to 1995-2004 period.

    Item Type: Article
    Uncontrolled Keywords: Compound Growth Rate, Ex-vessel price index, Inflation, Real value, Nominal value
    Subjects: Socio Economics and Extension > Fisheries Economics
    Divisions: CMFRI-Kochi > Fishery Extension
    Subject Area > CMFRI > CMFRI-Kochi > Fishery Extension
    CMFRI-Kochi > Fishery Extension
    Subject Area > CMFRI-Kochi > Fishery Extension
    Depositing User: Arun Surendran
    Date Deposited: 03 Jun 2017 09:22
    Last Modified: 03 Jun 2017 09:22
    URI: http://eprints.cmfri.org.in/id/eprint/11882

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