Price Level of Consumption for Malta
PLOCONMTA622NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.13
Year-over-Year Change
12.69%
Date Range
1/1/1970 - 1/1/2010
Summary
The Price Level of Consumption for Malta is an economic indicator that measures the general price level of consumer goods and services in Malta. It is a key metric for understanding the cost of living and inflationary pressures in the Maltese economy.
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 Consumption for Malta is an index that tracks the average change in prices paid by Maltese consumers for a basket of household goods and services. It is used by economists and policymakers to assess the purchasing power of Maltese consumers and to inform decisions around monetary and fiscal policy.
Methodology
The data is collected through regular surveys of consumer prices across Malta.
Historical Context
This indicator provides important context for assessing the health of the Maltese economy and the effectiveness of economic policies.
Key Facts
- The base year for the Price Level of Consumption for Malta is 2010.
- Malta has experienced relatively low and stable inflation in recent years.
- Consumer prices in Malta are influenced by both domestic and external factors.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Consumption for Malta measures the average change in prices paid by Maltese consumers for a basket of household goods and services.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for understanding the cost of living and inflationary pressures in the Maltese economy, which is relevant for consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices across Malta.
Q: How is this trend used in economic policy?
A: The Price Level of Consumption for Malta provides important context for assessing the health of the Maltese economy and the effectiveness of monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Price Level of Consumption for Malta (PLOCONMTA622NUPN), retrieved from FRED.