Consumer Price Index for Djibouti

DDOE01DJA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

115.47

Year-over-Year Change

46.24%

Date Range

1/1/1980 - 1/1/2017

Summary

The Consumer Price Index (CPI) for Djibouti is a key measure of inflation, tracking changes in the prices of a basket of consumer goods and services. It is an important economic indicator used by policymakers to assess cost-of-living changes and guide monetary policy.

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 CPI for Djibouti represents the change in prices paid by consumers in Djibouti for a representative basket of consumer goods and services. It is a widely-used measure of inflation that allows economists and policymakers to monitor price trends and make informed decisions.

Methodology

The Djibouti CPI is calculated based on the prices of a representative sample of consumer items collected by the National Statistics Office.

Historical Context

The Djibouti CPI is closely watched by the Central Bank of Djibouti and other government agencies to guide monetary and fiscal policies.

Key Facts

  • Djibouti CPI is published monthly.
  • Base year for the Djibouti CPI is 2010.
  • Djibouti CPI covers major consumer expenditure categories.

FAQs

Q: What does the Consumer Price Index for Djibouti measure?

A: The Djibouti CPI measures changes in the prices of a basket of consumer goods and services typically purchased by households in Djibouti.

Q: Why is the Djibouti CPI relevant for users or analysts?

A: The Djibouti CPI is a key indicator of inflation that is closely monitored by policymakers, economists, and investors to assess cost-of-living changes and make informed decisions.

Q: How is the Djibouti CPI data collected or calculated?

A: The Djibouti CPI is calculated by the National Statistics Office based on the prices of a representative sample of consumer items.

Q: How is the Djibouti CPI used in economic policy?

A: The Djibouti CPI is used by the Central Bank of Djibouti and other government agencies to guide monetary and fiscal policies aimed at maintaining price stability.

Q: Are there any update delays or limitations for the Djibouti CPI?

A: The Djibouti CPI is published monthly, with a slight delay, and may be subject to periodic revisions by the National Statistics Office.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index for Djibouti (DDOE01DJA086NWDB), retrieved from FRED.