Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Costa Rica
Monthly
CRIPRCNTO01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.52
Year-over-Year Change
-3.72%
Date Range
1/1/1991 - 3/1/2024
Summary
The Monthly economic trend measures the monthly changes in the consumer price index (CPI) for total, all items in Argentina. This metric is a key indicator of inflation and purchasing power in the Argentine economy.
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 Monthly CPI for Argentina is a widely-tracked statistic that reflects changes in the cost of a basket of consumer goods and services. It is a primary gauge of inflation and an important data point for policymakers, economists, and financial analysts assessing the state of the Argentine economy.
Methodology
The data is collected through surveys of retail prices for a representative sample of goods and services.
Historical Context
Policymakers use the Monthly CPI to inform monetary and fiscal policies aimed at maintaining price stability.
Key Facts
- The CPI basket includes over 300 representative goods and services.
- Argentina has experienced high and volatile inflation in recent decades.
- The central bank uses the CPI to set inflation targets and guide policy.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures monthly changes in the consumer price index (CPI) for all items in Argentina. The CPI is a key metric of inflation and purchasing power.
Q: Why is this trend relevant for users or analysts?
A: The Argentine CPI is a vital indicator used by policymakers, economists, and investors to assess the state of the economy and guide decisions on monetary, fiscal, and market policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices for a representative sample of consumer goods and services.
Q: How is this trend used in economic policy?
A: Argentina's central bank uses the monthly CPI to set inflation targets and guide monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a month after the reference period. There may be revisions to account for changes in the CPI basket composition over time.
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Citation
U.S. Federal Reserve, Monthly (CRIPRCNTO01IXOBSAM), retrieved from FRED.