Consumer Prices: All Items for Madagascar
MDGPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.22
Year-over-Year Change
18.74%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Consumer Prices: All Items for Madagascar' index measures the average change in prices paid by consumers for a basket of goods and services in Madagascar over time. It is a key indicator of inflation in the Malagasy economy.
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) is a widely used economic indicator that tracks the changes in the general price level of consumer goods and services in a given country. The CPI for Madagascar provides valuable insights into the purchasing power and cost of living for Malagasy households.
Methodology
The Malagasy CPI is calculated by Madagascar's National Institute of Statistics based on a survey of prices from a representative sample of retail establishments.
Historical Context
Policymakers use the Madagascar CPI to monitor and manage inflation, which is crucial for maintaining economic stability and purchasing power.
Key Facts
- The base year for the Madagascar CPI is 2010.
- The CPI basket includes over 300 goods and services.
- Madagascar's CPI reached a record high of 194.16 in June 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Consumer Prices: All Items for Madagascar' index measures the average change in prices paid by consumers for a basket of goods and services in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: The Malagasy CPI is a crucial indicator of inflation and purchasing power, which are vital for understanding the state of the Malagasy economy.
Q: How is this data collected or calculated?
A: The Malagasy CPI is calculated by the National Institute of Statistics based on a survey of prices from a representative sample of retail establishments.
Q: How is this trend used in economic policy?
A: Policymakers use the Madagascar CPI to monitor and manage inflation, which is crucial for maintaining economic stability and purchasing power.
Q: Are there update delays or limitations?
A: The Madagascar CPI data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Consumer Prices: All Items for Madagascar (MDGPCPIPCPPPT), retrieved from FRED.