Consumer Price Inflation for Syrian Arab Republic
SYRPCPIPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
-212.77%
Date Range
1/1/2000 - 1/1/2010
Summary
The Consumer Price Inflation for Syrian Arab Republic measures the change in prices paid by consumers for a basket of goods and services in Syria. This metric is crucial for policymakers to monitor inflation and cost-of-living pressures.
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 Consumer Price Inflation for Syrian Arab Republic is a widely-tracked economic indicator that represents the rate of change in consumer prices over time. It serves as a key gauge of inflationary pressures and purchasing power for households and businesses within the Syrian economy.
Methodology
The data is collected through surveys of consumer expenditures and prices across a representative sample of goods and services.
Historical Context
Policymakers use this inflation data to inform monetary and fiscal policies aimed at maintaining price stability and economic growth.
Key Facts
- Syria has experienced high and volatile inflation since the start of its civil war in 2011.
- Consumer prices in Syria increased by over 100% year-over-year as of the latest data.
- Rapid inflation has severely eroded purchasing power and living standards for many Syrian households.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Inflation for Syrian Arab Republic measures the change in prices paid by consumers for a basket of common goods and services within the Syrian economy.
Q: Why is this trend relevant for users or analysts?
A: This inflation data is crucial for understanding the cost-of-living pressures facing Syrian households and the broader macroeconomic conditions within the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices across a representative sample of goods and services within Syria.
Q: How is this trend used in economic policy?
A: Policymakers use this inflation data to inform monetary and fiscal policies aimed at maintaining price stability and supporting economic growth in Syria.
Q: Are there update delays or limitations?
A: Due to the ongoing civil conflict in Syria, there may be delays or gaps in the availability of recent inflation data.
Related Trends
Number of Identified Exporters to Syrian Arab Republic from West Virginia
WVSYRA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic
SYRFCLODMFXDC
Constant GDP per capita for the Syrian Arab Republic
NYGDPPCAPKDSYR
Use of Financial Services: Number of Depositors at Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic
SYRFCDODMFPENUM
Remittance Inflows to GDP for Syrian Arab Republic
DDOI11SYA156NWDB
Central Bank Assets to GDP for Syrian Arab Republic
DDDI06SYA156NWDB
Citation
U.S. Federal Reserve, Consumer Price Inflation for Syrian Arab Republic (SYRPCPIPCHPT), retrieved from FRED.