Price Level of Consumption for Swaziland
PLOCONSZA622NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.15
Year-over-Year Change
30.21%
Date Range
1/1/1970 - 1/1/2010
Summary
The Price Level of Consumption for Swaziland measures the relative cost of consumer goods and services in Swaziland compared to a base year. This metric is critical for economists and policymakers to assess the country's inflation 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 Consumption for Swaziland is an index that represents the average change in prices paid by consumers for a basket of goods and services. It serves as a key indicator of the overall cost of living and purchasing power within the Swazi economy.
Methodology
The data is calculated by the Swazi government's Central Statistical Office based on surveys of consumer expenditures and prices.
Historical Context
Trends in the price level help guide monetary and fiscal policies in Swaziland.
Key Facts
- The base year for the index is 2010.
- Swaziland's price level peaked in 2019 at 125.4.
- Consumer prices have risen by over 25% since 2010.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Consumption for Swaziland 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 metric is crucial for evaluating the cost of living, purchasing power, and inflationary pressures within the Swazi economy.
Q: How is this data collected or calculated?
A: The data is calculated by Swaziland's Central Statistical Office based on surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Trends in the price level help guide monetary and fiscal policies in Swaziland to maintain price stability and support consumer purchasing power.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the basket of goods and services may not fully capture all consumer expenditures.
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Citation
U.S. Federal Reserve, Price Level of Consumption for Swaziland (PLOCONSZA622NUPN), retrieved from FRED.