DEFINITION of 'Breakfast Index'
A metric that measures wholesale food prices. The breakfast index refers to the eight commodities that are commonly consumed at breakfast. This index includes coffee, cocoa, milk, butter, wheat, sugar, orange juice and pork bellies (bacon). The breakfast index can be used to informally gauge the rate of inflation.
BREAKING DOWN 'Breakfast Index'
The breakfast index serves as a price indicator that can be compared to the consumer price index (CPI). It was created by hard assets investor (HAI), a website devoted to serving investors in tangible assets such as commodities.