Consumer Prices: All Items for Congo, Republic of
COGPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.15
Year-over-Year Change
476.91%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Consumer Prices: All Items for Congo, Republic of' measures the overall change in prices paid by consumers in the Republic of Congo for a representative basket of goods and services. This key inflation indicator is closely monitored by policymakers and economists.
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
This consumer price index (CPI) trend tracks the price level of a comprehensive basket of consumer goods and services in the Republic of Congo. It is a widely used measure of inflation and an important economic indicator for assessing the country's macroeconomic conditions and cost of living.
Methodology
The data is collected through household surveys and retailer price reports, then aggregated and calculated by the Congo National Institute of Statistics.
Historical Context
Policymakers use this CPI data to inform monetary and fiscal policies, while analysts and investors monitor it to understand Congo's economic performance and outlook.
Key Facts
- Congo's CPI has risen by over 10% annually since 2020.
- Food and transportation make up over 60% of the CPI basket.
- The CPI is published monthly by the national statistics agency.
FAQs
Q: What does this economic trend measure?
A: The 'Consumer Prices: All Items for Congo, Republic of' measures the overall change in prices paid by consumers in the Republic of Congo for a representative basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI data is a key indicator of inflation in Congo and provides important insights into the country's macroeconomic conditions and cost of living for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and retailer price reports, then aggregated and calculated by the Congo National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers in Congo use this CPI data to inform monetary and fiscal policies aimed at managing inflation and promoting economic stability.
Q: Are there update delays or limitations?
A: The CPI data is published monthly by the national statistics agency, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Consumer Prices: All Items for Congo, Republic of (COGPCPIPCPPPT), retrieved from FRED.