Consumer Price Index for Aruba
DDOE01AWA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.79
Year-over-Year Change
20.57%
Date Range
1/1/1985 - 1/1/2017
Summary
The Consumer Price Index for Aruba measures changes in the prices of a basket of consumer goods and services in Aruba. It is a key indicator of inflation and can inform economic policy decisions.
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 Consumer Price Index for Aruba (CPI) is a measure of the average change in prices paid by consumers for a market basket of consumer goods and services. It is used to assess changes in the cost of living and monitor inflationary trends in the Aruban economy.
Methodology
The CPI for Aruba is calculated by the Central Bank of Aruba based on prices collected from a sample of retail establishments and service providers.
Historical Context
The CPI for Aruba is closely watched by policymakers, businesses, and consumers to understand the broader economic environment and inform decision-making.
Key Facts
- Aruba's CPI has a base year of 2010.
- The CPI basket includes over 300 goods and services.
- Aruba's CPI is published monthly by the Central Bank of Aruba.
FAQs
Q: What does the Consumer Price Index for Aruba measure?
A: The Consumer Price Index for Aruba measures the average change over time in the prices paid by consumers for a market basket of consumer goods and services in Aruba.
Q: Why is the Consumer Price Index for Aruba relevant?
A: The CPI for Aruba is a key indicator of inflation and changes in the cost of living in the country. It is closely monitored by policymakers, businesses, and consumers to understand broader economic conditions.
Q: How is the Consumer Price Index for Aruba calculated?
A: The CPI for Aruba is calculated by the Central Bank of Aruba based on prices collected from a sample of retail establishments and service providers in the country.
Q: How is the Consumer Price Index for Aruba used in economic policy?
A: The CPI for Aruba is used by policymakers, central banks, and economists to assess inflationary pressures and inform monetary and fiscal policy decisions that can impact consumers, businesses, and the broader economy.
Q: Are there any limitations or delays in the Consumer Price Index for Aruba data?
A: The CPI for Aruba is published monthly by the Central Bank of Aruba, with a typical release lag of 2-3 weeks after the end of the reference month.
Related Trends
Number of Identified Exporters to Aruba from Maine
MEABWA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Aruba
ABWFCBODCNUM
Value of Exports to Aruba from Vermont
VTABWA052SCEN
Value of Exports to Aruba from Virginia
VAABWA052SCEN
Geographical Outreach: Number of Institutions, Other Financial Corporations for Aruba
ABWFCIOFNUM
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Aruba
ABWFCIODUNUM
Citation
U.S. Federal Reserve, Consumer Price Index for Aruba (DDOE01AWA086NWDB), retrieved from FRED.