Price Level of Government Consumption for Uzbekistan
PLGCPPUZA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
18.84%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Government Consumption for Uzbekistan tracks the price paid by the Uzbek government for goods and services. This metric provides insight into the inflationary pressures facing the public sector.
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 Government Consumption for Uzbekistan is an economic indicator that measures the price paid by the Uzbek government for final consumption expenditures, including spending on employee compensation, intermediate goods and services, and fixed capital formation. This helps economists assess the purchasing power and fiscal health of the Uzbek public sector.
Methodology
The data is collected by the World Bank through a specialized survey of government agencies and national accounts.
Historical Context
Policymakers use this metric to monitor inflationary trends and evaluate the government's fiscal position.
Key Facts
- Uzbekistan's government consumption accounts for over 15% of GDP.
- This index uses 2010 as the base year with a value of 100.
- The price level rose by over 30% between 2015-2020 due to high inflation.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the prices paid by the Uzbek government for goods and services, providing insight into public sector inflation.
Q: Why is this trend relevant for users or analysts?
A: The price level of government consumption is a key indicator of fiscal health and inflationary pressures facing the public sector in Uzbekistan.
Q: How is this data collected or calculated?
A: The data is collected through a specialized survey of government agencies and national accounts by the World Bank.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to monitor inflationary trends and evaluate the government's fiscal position in Uzbekistan.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of 1-2 years, which may limit its real-time usefulness for policymakers.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Uzbekistan (PLGCPPUZA670NRUG), retrieved from FRED.