Inflation, consumer prices for Comoros
FPCPITOTLZGCOM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.29
Year-over-Year Change
-177.32%
Date Range
1/1/2001 - 1/1/2013
Summary
The Inflation, consumer prices for Comoros measures the change in the prices of goods and services purchased by consumers in Comoros. It is a key indicator of economic performance and a focus for policymakers.
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 Inflation, consumer prices for Comoros is a measure of the average change in prices paid by consumers for a basket of goods and services. It is used to assess the purchasing power of the Comorian franc and to inform monetary and fiscal policy decisions.
Methodology
The data is collected by the National Institute of Statistics and Economic and Demographic Studies of Comoros through surveys of consumer prices.
Historical Context
Inflation trends are closely watched by the Central Bank of Comoros and the International Monetary Fund to evaluate the country's economic conditions and guide policy.
Key Facts
- Comoros has experienced moderate inflation in recent years.
- Food and transportation costs are major drivers of inflation in Comoros.
- The Central Bank of Comoros targets an annual inflation rate of 2-3%.
FAQs
Q: What does this economic trend measure?
A: The Inflation, consumer prices for Comoros measures the change in the average cost of a basket of goods and services purchased by consumers in Comoros.
Q: Why is this trend relevant for users or analysts?
A: Inflation is a key indicator of economic performance and purchasing power, and is closely watched by policymakers in Comoros and international institutions to guide monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the National Institute of Statistics and Economic and Demographic Studies of Comoros.
Q: How is this trend used in economic policy?
A: The Central Bank of Comoros and the International Monetary Fund monitor inflation trends in Comoros to evaluate the country's economic conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The inflation data for Comoros is published with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Comoros (FPCPITOTLZGCOM), retrieved from FRED.