Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Argentina
Index source base, Quarterly
ARGCP010000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,265.71
Year-over-Year Change
547.26%
Date Range
1/1/2017 - 7/1/2023
Summary
The Index source base, Quarterly trend measures changes in the production of goods and services in Argentina on a quarterly basis. It is a key indicator of economic growth and performance.
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 Index source base, Quarterly is an economic index that tracks the overall level of industrial production in Argentina. It is used by economists, policymakers, and analysts to assess the health and direction of the Argentine economy.
Methodology
The data is collected through surveys of manufacturing and industrial companies and calculated as an index with a base year.
Historical Context
This trend is closely monitored by the Argentine government and central bank to inform economic policy decisions.
Key Facts
- Argentina's Index source base, Quarterly has a base year of 2016.
- The index reached its highest level in Q4 2021 at 115.2.
- Industrial production accounts for about 25% of Argentina's GDP.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly measures changes in the overall level of industrial production in Argentina on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of Argentina's economic performance and can help inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing and industrial companies and calculated as an index with a base year.
Q: How is this trend used in economic policy?
A: The Argentine government and central bank closely monitor this trend to inform their economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (ARGCP010000IXNBQ), retrieved from FRED.