Consumer Price Index for Lao People's Democratic Republic
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE01LAA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.50
Year-over-Year Change
59.92%
Date Range
1/1/1987 - 1/1/2017
Summary
The Index 2010=100, Annual, Not Seasonally Adjusted trend measures the overall economic activity in the Democratic Republic of the Congo. It is a key indicator used by economists and policymakers to gauge the health and growth of the Congolese 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
This index tracks the annual changes in the overall level of economic activity in the Democratic Republic of the Congo, with the year 2010 as the base year. It provides a comprehensive snapshot of the country's macroeconomic performance and is widely referenced by analysts and institutions studying the Congolese economy.
Methodology
The data is collected and calculated by the World Bank based on national accounts data.
Historical Context
This index is closely monitored by policymakers, investors, and international organizations to inform economic and development strategies for the Democratic Republic of the Congo.
Key Facts
- The base year for this index is 2010.
- The index is measured on an annual basis.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall level of economic activity in the Democratic Republic of the Congo, with the year 2010 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the Congolese economy's performance and is widely used by economists, policymakers, and institutions to assess the country's macroeconomic conditions and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts data.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, investors, and international organizations to inform economic and development strategies for the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The index is reported on an annual basis, and there may be delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE01LAA086NWDB), retrieved from FRED.