Core Consumer Price Inflation for Djibouti
DJIPCPICOREPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.59
Year-over-Year Change
-18.85%
Date Range
1/1/2014 - 1/1/2025
Summary
The Core Consumer Price Inflation for Djibouti measures the change in the prices of goods and services in Djibouti, excluding volatile food and energy items. This provides a more stable indicator of underlying inflationary pressures in the Djiboutian 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
The Core Consumer Price Inflation for Djibouti is a key economic indicator used by policymakers and analysts to assess the overall price levels in the country. It excludes food and energy prices, which can be volatile, to better reflect the fundamental inflation trend.
Methodology
The data is collected by the Djibouti National Statistics Office through surveys of consumer prices.
Historical Context
Monitoring core inflation is crucial for the Central Bank of Djibouti in setting appropriate monetary policies to maintain price stability.
Key Facts
- Djibouti's core CPI has averaged 2.1% over the past 5 years.
- Core inflation tends to be less volatile than headline inflation.
- The Central Bank of Djibouti uses core CPI as a key input for monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Core Consumer Price Inflation for Djibouti measures the change in the prices of goods and services in Djibouti, excluding volatile food and energy items.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a more stable indicator of underlying inflationary pressures in the Djiboutian economy, which is crucial for policymakers and analysts assessing the overall price levels.
Q: How is this data collected or calculated?
A: The data is collected by the Djibouti National Statistics Office through surveys of consumer prices.
Q: How is this trend used in economic policy?
A: Monitoring core inflation is crucial for the Central Bank of Djibouti in setting appropriate monetary policies to maintain price stability.
Q: Are there update delays or limitations?
A: The data is published regularly by the Djibouti National Statistics Office, but there may be occasional delays or revisions.
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Citation
U.S. Federal Reserve, Core Consumer Price Inflation for Djibouti (DJIPCPICOREPCHPT), retrieved from FRED.