Consumer Price Inflation for Kyrgyz Republic
KGZPCPIPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.03
Year-over-Year Change
-23.91%
Date Range
1/1/2000 - 1/1/2025
Summary
The Consumer Price Inflation for Kyrgyz Republic measures the change in the overall price level of consumer goods and services in the country. It is a key indicator of inflation and economic stability.
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 economic trend tracks the annual percentage change in the consumer price index (CPI) for Kyrgyz Republic. CPI is a widely used metric that represents the cost of a basket of common consumer purchases, providing insight into the purchasing power of consumers and the overall price environment.
Methodology
The data is collected through surveys of retail prices and calculated by the National Statistics Committee of the Kyrgyz Republic.
Historical Context
Consumer price inflation is closely monitored by policymakers, businesses, and consumers to understand the country's economic conditions and inform decision-making.
Key Facts
- Kyrgyz Republic's consumer price inflation reached 12.5% in 2022.
- Food and non-alcoholic beverages account for over 40% of the CPI basket.
- The central bank of Kyrgyz Republic targets an inflation rate of 5-7%.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Inflation for Kyrgyz Republic measures the annual percentage change in the overall price level of consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the country's inflationary pressures and the purchasing power of consumers, which are crucial for economic policymaking, business planning, and personal financial decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices and calculated by the National Statistics Committee of the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Consumer price inflation is closely monitored by the central bank and policymakers to assess the overall economic conditions and inform monetary policy decisions to maintain price stability.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and there may be occasional revisions due to changes in data collection or calculation methods.
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Citation
U.S. Federal Reserve, Consumer Price Inflation for Kyrgyz Republic (KGZPCPIPCHPT), retrieved from FRED.