Consumer Price Index: All Items: Total for Argentina
Index source base
ARGCPALTT01IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,816.06
Year-over-Year Change
160.92%
Date Range
12/1/2016 - 11/1/2023
Summary
The Index Source Base measures the reference period used to calculate a price index. It is a key metric for understanding and comparing different economic indicators.
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 represents the time period that is used as the base, or reference point, for calculating a price index. This allows for standardized comparisons of price changes over time across different economic indicators.
Methodology
The Index Source Base is determined by the statistical agency publishing the price index data.
Historical Context
The Index Source Base is an important consideration for policymakers and analysts when interpreting and comparing economic trends.
Key Facts
- The Index Source Base is typically set to 100.
- Changing the Index Source Base allows for adjusting the scale of a price index.
- Consistent Index Source Bases are important for accurate economic comparisons.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base measures the reference period used to calculate a price index, allowing for standardized comparisons of price changes over time.
Q: Why is this trend relevant for users or analysts?
A: The Index Source Base is an important consideration for policymakers and analysts when interpreting and comparing different economic indicators.
Q: How is this data collected or calculated?
A: The Index Source Base is determined by the statistical agency publishing the price index data.
Q: How is this trend used in economic policy?
A: The Index Source Base is used by economists, policymakers, and market analysts to understand and compare different price indices over time.
Q: Are there update delays or limitations?
A: The Index Source Base data is typically updated alongside the corresponding price index data, with any delays or limitations depending on the source.
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Citation
U.S. Federal Reserve, Index Source Base (ARGCPALTT01IXNBM), retrieved from FRED.