Consumer Prices: All Items for Cote d'Ivoire
CIVPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
349.03%
Date Range
1/1/2000 - 1/1/2026
Summary
The Consumer Prices: All Items for Cote d'Ivoire index measures the overall price changes for a basket of consumer goods and services in Cote d'Ivoire. It is a key indicator of inflation and cost of living trends 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: All Items for Cote d'Ivoire is a comprehensive price index that tracks the average change in prices paid by consumers for a representative basket of goods and services. It is widely used by economists, policymakers, and analysts to assess and monitor the rate of inflation in the Ivorian economy.
Methodology
The Ivorian statistical agency collects price data from a sample of retail outlets to calculate this index.
Historical Context
This inflation measure is closely watched by the Central Bank of West African States in setting monetary policy for the region.
Key Facts
- Cote d'Ivoire is the world's largest producer and exporter of cocoa beans.
- The country's economy is heavily dependent on agricultural exports.
- Inflation has remained below 2% in Cote d'Ivoire since 2016.
FAQs
Q: What does this economic trend measure?
A: The Consumer Prices: All Items for Cote d'Ivoire index measures the overall changes in the prices of a basket of consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This inflation measure is crucial for assessing the cost of living and purchasing power in Cote d'Ivoire, and helps guide economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The Ivorian statistical agency collects price data from a sample of retail outlets to calculate this comprehensive consumer price index.
Q: How is this trend used in economic policy?
A: The Consumer Prices index is closely monitored by the Central Bank of West African States in setting monetary policy for the region to maintain price stability.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of this data by the Ivorian statistical agency, and the index may not fully capture price changes in the informal sector.
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Citation
U.S. Federal Reserve, Consumer Prices: All Items for Cote d'Ivoire (CIVPCPIPCPPPT), retrieved from FRED.