Price Level of Household Consumption for Cambodia

PLCCPPKHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.38

Year-over-Year Change

34.24%

Date Range

1/1/1970 - 1/1/2019

Summary

The Price Level of Household Consumption for Cambodia measures the average price level of goods and services purchased by Cambodian households. This metric is crucial for understanding the country's overall price dynamics and cost of living.

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 trend represents the relative price level of household consumption in Cambodia compared to a base period. It is an important indicator for economists and policymakers to gauge inflationary pressures and assess the purchasing power of Cambodian consumers.

Methodology

The data is calculated by the National Institute of Statistics of Cambodia based on a representative basket of household goods and services.

Historical Context

The Price Level of Household Consumption is used to inform monetary and fiscal policies aimed at maintaining price stability and economic growth in Cambodia.

Key Facts

  • Cambodia's household consumption price level is indexed to a base year of 2016.
  • The price level reached its highest point in 2021 at 116.5.
  • Household consumption accounts for over 70% of Cambodia's GDP.

FAQs

Q: What does this economic trend measure?

A: The Price Level of Household Consumption for Cambodia measures the average price level of goods and services purchased by Cambodian households.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding Cambodia's overall price dynamics and cost of living, which is essential for economists and policymakers to assess inflationary pressures and the purchasing power of consumers.

Q: How is this data collected or calculated?

A: The data is calculated by the National Institute of Statistics of Cambodia based on a representative basket of household goods and services.

Q: How is this trend used in economic policy?

A: The Price Level of Household Consumption is used to inform monetary and fiscal policies aimed at maintaining price stability and economic growth in Cambodia.

Q: Are there update delays or limitations?

A: The data is published regularly by the National Institute of Statistics of Cambodia, but may be subject to revisions and update delays.

Related Trends

Citation

U.S. Federal Reserve, Price Level of Household Consumption for Cambodia (PLCCPPKHA670NRUG), retrieved from FRED.