Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Czechia
Annual
CPGREN01CZA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.44
Year-over-Year Change
-51.99%
Date Range
1/1/1996 - 1/1/2024
Summary
The Annual trend measures the year-over-year change in consumer prices in Argentina. It is a key indicator of inflation and purchasing power for policymakers and analysts.
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 Annual trend represents the annual percentage change in the Consumer Price Index (CPI) for Argentina. The CPI is a widely used measure of inflation that tracks the changes in prices of a basket of consumer goods and services.
Methodology
The data is collected and calculated by the National Institute of Statistics and Censuses of Argentina (INDEC).
Historical Context
The Annual trend is closely monitored by the Central Bank of Argentina and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Argentina's Annual inflation rate reached a high of 94.8% in 2022.
- The Annual trend is reported on a monthly basis by Argentina's statistics agency.
- Stable inflation is a key goal for the Central Bank of Argentina's monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in consumer prices in Argentina, which is a key indicator of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is crucial for understanding Argentina's economic conditions and assessing the effectiveness of monetary and fiscal policies aimed at controlling inflation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Institute of Statistics and Censuses of Argentina (INDEC).
Q: How is this trend used in economic policy?
A: The Annual trend is closely monitored by the Central Bank of Argentina and other institutions to inform monetary and fiscal policy decisions aimed at achieving price stability.
Q: Are there update delays or limitations?
A: The Annual trend is reported on a monthly basis by Argentina's statistics agency, but there may be occasional delays or revisions to the data.
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Citation
U.S. Federal Reserve, Annual (CPGREN01CZA659N), retrieved from FRED.