Inflation, consumer prices for Antigua and Barbuda
FPCPITOTLZGATG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.20
Year-over-Year Change
83.57%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Inflation, consumer prices for Antigua and Barbuda' trend measures the rate of change in consumer prices within Antigua and Barbuda. This key economic indicator is closely watched by policymakers to assess the overall cost of living and guide monetary policy decisions.
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 price index (CPI) for Antigua and Barbuda tracks the average change over time in the prices paid by consumers for a basket of goods and services. It serves as a barometer for inflation and purchasing power in the country.
Methodology
The data is collected through surveys of household expenditures and retail prices.
Historical Context
Central banks and finance ministries use CPI to inform macroeconomic policies that aim to promote economic stability and growth.
Key Facts
- Antigua and Barbuda is a Caribbean island nation.
- CPI is a key indicator of purchasing power and cost of living.
- Inflation data helps guide monetary and fiscal policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Inflation, consumer prices for Antigua and Barbuda' trend measures the rate of change in consumer prices within the country. It tracks the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This inflation data is closely watched by policymakers, economists, and investors to assess the overall cost of living and purchasing power in Antigua and Barbuda. It informs macroeconomic policies aimed at promoting economic stability and growth.
Q: How is this data collected or calculated?
A: The consumer price index (CPI) data for Antigua and Barbuda is collected through surveys of household expenditures and retail prices.
Q: How is this trend used in economic policy?
A: Central banks and finance ministries use CPI data to guide monetary and fiscal policies that aim to maintain price stability and support economic growth in Antigua and Barbuda.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of CPI data for Antigua and Barbuda due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Antigua and Barbuda (FPCPITOTLZGATG), retrieved from FRED.