Consumer Price Index for Malawi
DDOE01MWA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
365.31
Year-over-Year Change
425.61%
Date Range
1/1/1979 - 1/1/2017
Summary
The Consumer Price Index (CPI) for Malawi measures the changes in the prices of a basket of consumer goods and services typically purchased by households in Malawi. It is a key indicator of inflation and the overall cost of living in the country.
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 Malawi CPI tracks the average change in prices paid by consumers for a representative market basket of consumer goods and services. It is used by policymakers, economists, and the public to monitor inflation, inform monetary policy decisions, and adjust incomes and prices.
Methodology
The Malawi CPI is calculated by the National Statistical Office of Malawi based on a survey of household expenditures.
Historical Context
The Malawi CPI is an important economic indicator for the government, central bank, and international institutions in assessing the country's economic conditions and guiding policy.
Key Facts
- Malawi CPI is calculated monthly by the National Statistical Office.
- The CPI basket includes over 300 goods and services commonly purchased by Malawian households.
- Malawi experienced an average annual inflation rate of 9.3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Malawi Consumer Price Index (CPI) measures the changes in the prices of a basket of consumer goods and services typically purchased by households in Malawi.
Q: Why is this trend relevant for users or analysts?
A: The Malawi CPI is a key indicator of inflation and the overall cost of living in the country, which is crucial for policymakers, economists, and the public to monitor.
Q: How is this data collected or calculated?
A: The Malawi CPI is calculated by the National Statistical Office of Malawi based on a survey of household expenditures.
Q: How is this trend used in economic policy?
A: The Malawi CPI is used by the government, central bank, and international institutions to assess the country's economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Malawi CPI is calculated and published monthly, with typical update delays of 2-3 weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index for Malawi (DDOE01MWA086NWDB), retrieved from FRED.