Inflation, consumer prices for Zimbabwe
FPCPITOTLZGZWE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.71
Year-over-Year Change
3364.00%
Date Range
1/1/2010 - 1/1/2022
Summary
The 'Inflation, consumer prices for Zimbabwe' trend measures the rate of change in consumer prices in Zimbabwe over time. This data is crucial for economists and policymakers to assess the country's 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 Zimbabwe' series tracks the percentage change in the cost of a basket of consumer goods and services in Zimbabwe. This metric is widely used to monitor the country's inflationary pressures and evaluate the effectiveness of monetary and fiscal policies.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on national-level price surveys.
Historical Context
Inflation data is a key input for policymakers and market analysts when assessing Zimbabwe's macroeconomic conditions and investment environment.
Key Facts
- Zimbabwe has experienced hyperinflation in the past.
- High inflation can erode consumer purchasing power.
- Stable inflation is a key indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The 'Inflation, consumer prices for Zimbabwe' trend measures the rate of change in the prices of a basket of consumer goods and services in Zimbabwe.
Q: Why is this trend relevant for users or analysts?
A: This inflation data is crucial for assessing Zimbabwe's economic stability, evaluating the effectiveness of monetary and fiscal policies, and analyzing the purchasing power of consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on national-level price surveys in Zimbabwe.
Q: How is this trend used in economic policy?
A: Inflation data is a key input for policymakers and market analysts when assessing Zimbabwe's macroeconomic conditions and investment environment.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the IMF, and there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Zimbabwe (FPCPITOTLZGZWE), retrieved from FRED.