Consumer Prices for Antigua and Barbuda

ATGPCPIEPCH • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.96

Year-over-Year Change

12.82%

Date Range

1/1/1980 - 1/1/2030

Summary

The Consumer Prices for Antigua and Barbuda index measures the changes in the prices of goods and services purchased by consumers in Antigua and Barbuda. It is a key indicator of inflation and the cost of living in the country.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Consumer Prices for Antigua and Barbuda index is a widely followed economic indicator that tracks the weighted average change in prices paid by consumers for a basket of goods and services. It is used by policymakers, economists, and the public to assess the purchasing power of the Antiguan and Barbudan dollar and the overall cost of living in the country.

Methodology

The data is collected through surveys of consumer expenditures and prices by the Antigua and Barbuda Statistics Division.

Historical Context

The Consumer Prices index is closely monitored by the Central Bank of Antigua and Barbuda and other government agencies to inform monetary and fiscal policy decisions.

Key Facts

  • Antigua and Barbuda is a Caribbean island nation.
  • The Consumer Prices index has a base year of 2015.
  • Inflation in Antigua and Barbuda was 2.5% in 2022.

FAQs

Q: What does this economic trend measure?

A: The Consumer Prices for Antigua and Barbuda index measures the changes in the prices of goods and services purchased by consumers in Antigua and Barbuda.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of inflation and the cost of living in Antigua and Barbuda, which is crucial information for policymakers, economists, and the public.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumer expenditures and prices by the Antigua and Barbuda Statistics Division.

Q: How is this trend used in economic policy?

A: The Consumer Prices index is closely monitored by the Central Bank of Antigua and Barbuda and other government agencies to inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be occasional delays or limitations in data collection and reporting.

Related Trends

Citation

U.S. Federal Reserve, Consumer Prices for Antigua and Barbuda (ATGPCPIEPCH), retrieved from FRED.