Price Level of Household Consumption for Uzbekistan
PLCCPPUZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.21
Year-over-Year Change
-5.83%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Household Consumption for Uzbekistan measures the average change in prices paid by consumers for a basket of goods and services. This key economic indicator provides insights into the purchasing power and inflationary pressures faced by Uzbekistan's households.
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 Uzbekistan is a measure of the average price level of consumer goods and services purchased by households. It serves as a proxy for the cost of living and is used to assess the purchasing power of Uzbekistan's population and gauge inflationary trends in the domestic economy.
Methodology
The data is collected and calculated by the World Bank using a harmonized methodology across countries.
Historical Context
Policymakers in Uzbekistan monitor this indicator to inform decisions on monetary, fiscal, and social policies aimed at managing inflation and supporting household purchasing power.
Key Facts
- The base year for the index is 2010 = 100.
- Uzbekistan's household consumption price level has increased by over 50% since 2010.
- High inflation remains a key economic challenge for Uzbekistan.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for Uzbekistan measures the average change in prices paid by consumers for a basket of goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the purchasing power and inflationary pressures faced by Uzbekistan's households, which is crucial for policymakers and economists analyzing the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using a harmonized methodology across countries.
Q: How is this trend used in economic policy?
A: Policymakers in Uzbekistan monitor this indicator to inform decisions on monetary, fiscal, and social policies aimed at managing inflation and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may not capture short-term price fluctuations.
Related Trends
Price Level of the Capital Stock for Kenya
PLKCPPKEA670NRUG
Price Level of Capital Formation for Colombia
PLICPPCOA670NRUG
Price Level of Government Consumption for Mauritania
PLGCPPMRA670NRUG
Price Level of Imports for Sri Lanka
PLMCPPLKA670NRUG
Price Level of Imports for Kuwait
PLMCPPKWA670NRUG
Price Level of Exports for Georgia
PLXCPPGEA670NRUG
Citation
U.S. Federal Reserve, Price Level of Household Consumption for Uzbekistan (PLCCPPUZA670NRUG), retrieved from FRED.