Consumer Prices at End of Period for Guinea
GINPCPIEOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
-64.32%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Consumer Prices at End of Period for Guinea' is a key economic indicator that measures the change in prices paid by consumers in Guinea for a basket of goods and services at the end of each period.
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
This series is an important gauge of inflation in Guinea and is closely watched by policymakers, economists, and investors to assess the overall health of the Guinean economy and inform monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of consumer expenditures and prices across Guinea.
Historical Context
The Consumer Prices index is a critical input for understanding Guinea's macroeconomic conditions and the effectiveness of its economic policies.
Key Facts
- Guinea is a low-income country in West Africa.
- Inflation is a major economic challenge for Guinea.
- Consumer prices are a crucial indicator of economic well-being.
FAQs
Q: What does this economic trend measure?
A: This trend measures the change in consumer prices in Guinea at the end of each period, providing an indicator of the overall rate of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and investors as it offers insights into the state of the Guinean economy and the effectiveness of its monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices across Guinea.
Q: How is this trend used in economic policy?
A: The Consumer Prices index is a critical input for the Guinean government and central bank in formulating and evaluating economic policies, particularly monetary policy aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: There may be occasional delays in the release of the Consumer Prices data due to the challenges of data collection in a developing economy like Guinea.
Related Trends
Use of Financial Services Number of Borrowers, Other Depository Corporations, Deposit Taking Microfinance Institutions (MFIs), of which: Households, Persons for Guinea
GINFCRODMFHPENUM
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Guinea
GINFCIODUNUM
Use of Financial Services, Assets: Outstanding Loans to Households at Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCSODMFHXDC
Use of Financial Services: Key Indicators, Depositors/customers with All Microfinance Institutions (MFIs) Per 1000 Adults for Guinea
GINFCDODMFANUM
Net Reserves by Months of Imported Goods and Services for Guinea
GINBRASSMIMH
Number of Identified Exporters to Guinea from U.S. Virgin Islands
VIGINA475SCEN
Citation
U.S. Federal Reserve, Consumer Prices at End of Period for Guinea (GINPCPIEOPPCPPPT), retrieved from FRED.