Price Level of Household Consumption for Tajikistan
PLCCPPTJA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
36.21%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Household Consumption for Tajikistan measures changes in the overall price level of goods and services purchased by households in Tajikistan. This key economic indicator provides insight into Tajikistan's domestic inflationary pressures and consumer purchasing power.
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 Price Level of Household Consumption for Tajikistan is an index that tracks the average change in prices paid by Tajik households for a basket of consumer goods and services. It is a widely used measure of general price inflation in the Tajik economy and can inform policy decisions related to monetary, fiscal, and social welfare policies.
Methodology
The data is collected through household surveys and market price observations by the Tajik government's statistical agency.
Historical Context
Policymakers and analysts use this trend to assess the cost of living and purchasing power of Tajik consumers, which is crucial for understanding standards of living and guiding economic policies.
Key Facts
- Tajikistan is a landlocked country in Central Asia.
- The Tajik somoni is the national currency of Tajikistan.
- Tajikistan has a population of approximately 9.5 million people.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Household Consumption for Tajikistan measures changes in the overall price level of goods and services purchased by households in Tajikistan.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Tajikistan's domestic inflationary pressures and consumer purchasing power, which is crucial for understanding standards of living and guiding economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and market price observations by the Tajik government's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the cost of living and purchasing power of Tajik consumers, which informs decisions related to monetary, fiscal, and social welfare policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic update delays or limitations in coverage due to the challenges of data collection in a developing economy like Tajikistan.
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Citation
U.S. Federal Reserve, Price Level of Household Consumption for Tajikistan (PLCCPPTJA670NRUG), retrieved from FRED.