Inflation, consumer prices for Curacao
FPCPITOTLZGCUW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.62
Year-over-Year Change
-12.47%
Date Range
1/1/2001 - 1/1/2019
Summary
The 'Inflation, consumer prices for Curacao' trend measures the changes in the prices paid by consumers for a basket of goods and services in Curacao. This metric is a key indicator of the cost of living and overall economic conditions 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 price index (CPI) for Curacao tracks the price changes of a representative sample of consumer goods and services. It is widely used by economists, policymakers, and the public to assess and monitor the rate of inflation in the Curacao economy.
Methodology
The Curacao CPI data is collected and calculated by the Central Bank of Curacao and Sint Maarten based on a survey of prices from retailers.
Historical Context
The Curacao CPI is an important input for monetary and fiscal policy decisions by the central bank and government.
Key Facts
- Curacao's CPI has risen by an average of 2.3% per year over the past decade.
- Housing and transportation are the largest components of the Curacao consumer basket.
- The central bank uses the CPI to set inflation targets and guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: The 'Inflation, consumer prices for Curacao' trend measures changes in the prices paid by consumers for a basket of goods and services in Curacao.
Q: Why is this trend relevant for users or analysts?
A: The Curacao CPI is a key indicator of the cost of living and overall economic conditions in the country, making it relevant for economists, policymakers, and the general public.
Q: How is this data collected or calculated?
A: The Curacao CPI data is collected and calculated by the Central Bank of Curacao and Sint Maarten based on a survey of prices from retailers.
Q: How is this trend used in economic policy?
A: The Curacao CPI is an important input for monetary and fiscal policy decisions by the central bank and government.
Q: Are there update delays or limitations?
A: The Curacao CPI data is published monthly with a short delay, typically within a few weeks of the end of the reference period.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Curacao (FPCPITOTLZGCUW), retrieved from FRED.