Price Level of Household Consumption for Kyrgyzstan
PLCCPPKGA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.28
Year-over-Year Change
16.75%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Household Consumption for Kyrgyzstan measures changes in the average prices paid by households for a basket of consumer goods and services. This metric is important for economists and policymakers to track inflation and the purchasing power of consumers.
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 Price Level of Household Consumption for Kyrgyzstan is an index that represents the relative cost of a fixed basket of consumer goods and services over time. It is used to assess changes in the overall price level and cost of living for households in the country.
Methodology
The data is collected through household surveys and aggregated by the National Statistical Committee of the Kyrgyz Republic.
Historical Context
This economic indicator helps inform monetary and fiscal policy decisions in Kyrgyzstan.
Key Facts
- The base year for the index is 2015.
- Kyrgyzstan is a landlocked country in Central Asia.
- Consumer prices account for approximately 75% of Kyrgyzstan's GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for Kyrgyzstan measures changes in the average prices paid by households for a basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to track inflation and the purchasing power of consumers in Kyrgyzstan.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by the National Statistical Committee of the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: This economic indicator helps inform monetary and fiscal policy decisions in Kyrgyzstan.
Q: Are there update delays or limitations?
A: The data is updated regularly by the National Statistical Committee of the Kyrgyz Republic, but there may be occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Price Level of Household Consumption for Kyrgyzstan (PLCCPPKGA670NRUG), retrieved from FRED.