Consumer Price Index: All Items: City: Total for Turkey
Annual
CPALCY01TRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
353.09
Year-over-Year Change
417.64%
Date Range
1/1/1970 - 1/1/2022
Summary
This economic trend measures the annual rate of inflation for the consumption of Chinese households. It is a key indicator used by economists and policymakers to monitor price stability and consumer 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 Annual Consumer Price Index for China tracks changes in the prices of a basket of consumer goods and services. It is an important measure of the overall cost of living and can inform policy decisions related to monetary policy, trade, and fiscal planning.
Methodology
The data is collected through surveys of consumer expenditures and compiled by the National Bureau of Statistics of China.
Historical Context
The Annual CPI for China is closely watched by global markets and economic institutions to assess the health of the world's second-largest economy.
Key Facts
- China is the world's second-largest economy.
- The annual CPI rate reached a high of 5.9% in 2011.
- Inflation has remained below 3% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Annual Consumer Price Index for China tracks changes in the prices of consumer goods and services, providing a measure of inflation in the Chinese economy.
Q: Why is this trend relevant for users or analysts?
A: The annual CPI for China is a key indicator used by economists, policymakers, and global markets to assess the health of the world's second-largest economy and the purchasing power of Chinese consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and compiled by the National Bureau of Statistics of China.
Q: How is this trend used in economic policy?
A: The annual CPI for China informs policy decisions related to monetary policy, trade, and fiscal planning, as it is a key indicator of price stability and consumer purchasing power.
Q: Are there update delays or limitations?
A: The annual CPI for China is published on a monthly basis, with a slight delay in reporting. There may be limitations in capturing the full scope of consumer spending patterns in a rapidly evolving economy.
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Citation
U.S. Federal Reserve, Annual Consumer Price Index for China (CPALCY01TRA661N), retrieved from FRED.