Consumer Price Index for Swaziland
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE01SZA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.92
Year-over-Year Change
119.20%
Date Range
1/1/1964 - 1/1/2017
Summary
This economic indicator tracks the annual, not seasonally adjusted index of nominal wage growth in OECD countries, with 2010 as the base year. It provides insights into broader compensation trends and labor market conditions.
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 OECD Nominal Wage Index measures the evolution of annual nominal wages across OECD economies. It serves as a benchmark for understanding broader compensation patterns and labor market dynamics, which are key inputs for economic analysis and policymaking.
Methodology
The data is collected through national statistical agencies and compiled by the OECD.
Historical Context
This index is widely used by economists, policymakers, and market analysts to assess labor market conditions and inflationary pressures.
Key Facts
- The index has a base year of 2010 = 100.
- It covers OECD countries on an annual, not seasonally adjusted basis.
- Nominal wage growth is a key input for understanding inflation dynamics.
FAQs
Q: What does this economic trend measure?
A: The OECD Nominal Wage Index tracks the annual evolution of nominal wages across OECD economies, with 2010 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into broader compensation patterns and labor market dynamics, which are crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through national statistical agencies and compiled by the OECD.
Q: How is this trend used in economic policy?
A: The OECD Nominal Wage Index is widely used by economists, policymakers, and market analysts to assess labor market conditions and inflationary pressures.
Q: Are there update delays or limitations?
A: The index is published on an annual basis, so there may be delays in the most recent data.
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SWZFCBODCKNUM
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SWZDGGDPPT
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NVSWZA052SCEN
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE01SZA086NWDB), retrieved from FRED.