International Oils and Fats Price Data from 2005 ICP

Oils and fats price data classified under code 110115, part of the International Comparison Program's 2005 global economic survey. The dataset was produced by the International Comparison Program (ICP) to facilitate purchasing power parity calculations. It provides a snapshot of price levels for this commodity class across participating economies for the 2005 benchmark year.

Use Cases

• Compare relative price levels for oils and fats (110115) across different countries using the collected survey data.
• Calculate purchasing power parities for the food and energy category by incorporating this class-level price data.
• Analyze the contribution of oils and fats prices to overall inflation measures within the 2005 ICP framework.
• Benchmark historical food commodity costs for economic research using the standardized 2005 ICP data point.

Strengths

• Data originates from the authoritative International Comparison Program (ICP), a major global statistical initiative.
• Provides a standardized, internationally comparable data point for a specific commodity class (110115) for the 2005 benchmark year.

Limitations

• Dataset is temporally limited to the 2005 reference year, with no time-series component for trend analysis.
• Specific row count, column details, and geographic coverage are unknown from available metadata.

Provenance

Source

International Comparison Program (ICP) 2005

Collection Method

Collected through a global survey of prices for a basket of goods and services to calculate purchasing power parities.

Time Range

2005

Freshness

null

Geography

Global coverage of economies participating in the ICP 2005 cycle.