Prices: Consumer Price Index for Kiribati
KIRPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
-27.96%
Date Range
1/1/1990 - 1/1/2029
Summary
The Consumer Price Index (CPI) for Kiribati tracks changes in the prices of a basket of consumer goods and services, providing a measure of inflation 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 Kiribati CPI is a key economic indicator used to assess the cost of living and purchasing power for consumers. It is an important metric for policymakers, businesses, and households in understanding price trends and informing economic decisions.
Methodology
The data is collected through regular surveys of consumer prices across Kiribati.
Historical Context
The CPI is widely referenced in economic analysis and discussions of monetary policy.
Key Facts
- Kiribati CPI has a base year of 2010.
- The index includes over 200 consumer goods and services.
- CPI data for Kiribati is released on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The Kiribati Consumer Price Index (CPI) measures the changes in the prices of a basket of consumer goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: The Kiribati CPI is a crucial indicator for understanding inflation, the cost of living, and the purchasing power of consumers, which are important considerations for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data for the Kiribati CPI is collected through regular surveys of consumer prices across the country.
Q: How is this trend used in economic policy?
A: The Kiribati CPI is widely referenced in economic analysis and discussions of monetary policy, as it provides insights into inflationary pressures and the overall state of the economy.
Q: Are there update delays or limitations?
A: The Kiribati CPI data is released on a monthly basis, with minimal update delays.
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Citation
U.S. Federal Reserve, Prices: Consumer Price Index for Kiribati (KIRPCPIPCPPPT), retrieved from FRED.