Consumer Prices at End of Period for Benin
BENPCPIEOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-380.00%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Consumer Prices at End of Period for Benin' trend measures inflation in Benin by tracking changes in the prices of a representative basket of consumer goods and services at the end of each period.
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
This series provides a snapshot of the overall cost of living in Benin at a specific point in time. It is a key indicator used by policymakers, analysts, and businesses to understand economic conditions and make informed decisions.
Methodology
The data is collected by Benin's national statistical agency through regular surveys of consumer prices.
Historical Context
Consumer price trends are closely monitored for their implications on monetary and fiscal policy, consumer purchasing power, and overall economic stability.
Key Facts
- Benin is a West African country.
- Consumer prices are tracked monthly in Benin.
- Inflation is a key concern for policymakers in developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the change in prices of a representative basket of consumer goods and services in Benin at the end of each period, providing a snapshot of the overall cost of living.
Q: Why is this trend relevant for users or analysts?
A: Consumer price trends are a critical indicator of economic conditions and purchasing power, making this data highly relevant for policymakers, businesses, and individuals analyzing the Beninese economy.
Q: How is this data collected or calculated?
A: The data is collected by Benin's national statistical agency through regular surveys of consumer prices.
Q: How is this trend used in economic policy?
A: Consumer price trends are closely monitored by policymakers and institutions for their implications on monetary and fiscal policy, as well as overall economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in data reporting or limitations in coverage that users should be aware of.
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Citation
U.S. Federal Reserve, Consumer Prices at End of Period for Benin (BENPCPIEOPPCPPPT), retrieved from FRED.