Wheat price volatility without insulation ("world"), with insulation ("systematic") and with domestic volatility ("domestic")

The graph decomposes the volatility of domestic prices of staple foods into systematic changes in response to changes in world prices (shown by the orange bars) and domestic idiosyncratic or random price shocks (shown by the green bars).
Chart: Rob VosSource: Martin, W., Mamun, A., and Minot, N. 2024. Food trade policy and food price volatility. IFPRI Discussion Paper 2253. Washington D.C.: International Food Policy Research Institute.Get the dataEmbed Download imageDownload PDFDownload SVG