Price Level of Household Consumption for Tunisia
PLCCPPTNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.28
Year-over-Year Change
-27.96%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Household Consumption for Tunisia measures the relative cost of consumer goods and services in the Tunisian economy. This metric is critical for economists and policymakers to assess the country's inflationary pressures 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 Price Level of Household Consumption for Tunisia is an index that tracks the average change in prices paid by Tunisian households for a representative basket of consumer goods and services. It serves as a key indicator of the overall cost of living and inflation within the Tunisian economy.
Methodology
The data is collected and calculated by the Tunisian National Institute of Statistics using a survey of household expenditures.
Historical Context
This economic trend is closely monitored by the Central Bank of Tunisia and international institutions to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2010.
- Tunisia's household consumption price level has risen by over 60% since 2010.
- High inflation is a persistent challenge for the Tunisian economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for Tunisia measures the average change in prices paid by Tunisian households for consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the cost of living, purchasing power, and inflationary pressures within the Tunisian economy, which is vital information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Tunisian National Institute of Statistics using a survey of household expenditures.
Q: How is this trend used in economic policy?
A: The Tunisian Central Bank and international institutions closely monitor this economic trend to inform monetary and fiscal policy decisions aimed at managing inflation and promoting economic stability.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be occasional delays or revisions due to the complexity of collecting household consumption data.
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Citation
U.S. Federal Reserve, Price Level of Household Consumption for Tunisia (PLCCPPTNA670NRUG), retrieved from FRED.