About GlobalProductPrices.com

We are a team of economists that has tracked world macroeconomic indicators, energy prices, and food prices since 2012 on our three websites: The Global Economy, Global Petrol Prices and Global Product Prices. Our team leader is Neven Valev (LinkedIn), an economist passionate about understanding the world economy through high-quality data.

The focus on energy and food is driven by the volatile nature of these prices and how important they are for households around the world. For food, we focus on nine staples that are commonly used in all countries. These are items for domestic use, but they are also industrial products.

The data set now spans March 2022 to the present day, on a monthly basis. The idea is to help producers and international traders in making more informed decisions and to keep policymakers and the wider public informed of the price dynamics of these important products.

To compile the data, we take advantage of the transition of commerce to the digital world. Now many countries offer online grocery stores that match the prices of their brick-and-mortar locations. Still, one has to carefully compile that information as markets are structured differently across countries and not all data points are accurate.

For that, we do substantial research on the marketplace of the countries we track. This is done by our in-house team and we do not employ automation such as scraping. Each data point is “hand-picked” so we can be sure what goes into the database. Here is some more information about our sources and methods.

Carnegie Endowment for International Peace Africa’s Infrastructure-Led Growth Experiment Is Faltering. It Is Time to Focus on Agriculture.

Nature Environmentally adaptive MOF-based device enables continuous self-optimizing atmospheric water harvesting.

BBC The price of cooking oil in East Africa.

National Public Radio Onions now cost more than meat in the Philippines.

Statista How Much Does a Bottle of Water Cost?

France 24 Soaring prices and smuggling.

The Local Are eggs in Switzerland the most expensive in the world?

De Volkskrant The price for a Big Mac menu varies between 10 and 15 euros.