Inflation, consumer prices for the Kyrgyz Republic
FPCPITOTLZGKGZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.75
Year-over-Year Change
-35.36%
Date Range
1/1/1996 - 1/1/2023
Summary
The Inflation, consumer prices for the Kyrgyz Republic measures the change in the general price level of consumer goods and services purchased by households in the Kyrgyz Republic. This metric is a key indicator of economic stability and purchasing power.
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 Inflation, consumer prices for the Kyrgyz Republic tracks the monthly change in the prices paid by consumers for a representative basket of goods and services. It is a widely-used statistic for monitoring domestic price levels and informing monetary policy decisions.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
Central banks and policymakers closely monitor this inflation metric to assess the effectiveness of monetary policy and make informed decisions.
Key Facts
- The base year for the Kyrgyz Republic's consumer price index is 2015.
- Inflation in the Kyrgyz Republic reached a high of 20.1% in June 2022.
- The Kyrgyz Republic's central bank targets an inflation rate of 5-7%.
FAQs
Q: What does this economic trend measure?
A: The Inflation, consumer prices for the Kyrgyz Republic measures the monthly change in the prices paid by consumers for a representative basket of goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This inflation metric is a key indicator of economic stability and purchasing power, making it highly relevant for policymakers, businesses, and consumers in the Kyrgyz Republic.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: Central banks and policymakers closely monitor this inflation metric to assess the effectiveness of monetary policy and make informed decisions.
Q: Are there update delays or limitations?
A: The Kyrgyz Republic's consumer price index data is published monthly with minimal delays.
Related Trends
Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Kyrgyz Republic
KGZFCRODCPENUM
Exports of Goods and Services for Kyrgyz Republic
KGZBXUSD
Gross Portfolio Equity Liabilities to GDP for Kyrgyzstan
DDDM08KGA156NWDB
Number of Identified Exporters to Kyrgyzstan from Massachusetts
MAKGZA475SCEN
Number of Identified Exporters to Kyrgyzstan from South Dakota
SDKGZA475SCEN
Number of Identified Exporters to Kyrgyzstan from Montana
MTKGZA475SCEN
Citation
U.S. Federal Reserve, Inflation, consumer prices for the Kyrgyz Republic (FPCPITOTLZGKGZ), retrieved from FRED.