Price Level of Government Consumption for Morocco
PLGCPPMAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
-16.33%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Government Consumption for Morocco measures the price level of government consumption expenditures in the country, providing insights into inflationary pressures and fiscal policy.
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 index tracks the relative price level of government consumption, which includes spending on public services, employee compensation, and other government outlays. It is a key indicator for understanding the broader Moroccan economy and government fiscal dynamics.
Methodology
The data is calculated by the International Monetary Fund using national accounts information.
Historical Context
Economists and policymakers monitor this trend to assess the inflationary environment and evaluate the government's fiscal stance.
Key Facts
- Morocco is a middle-income country in North Africa.
- Government consumption accounts for over 15% of Morocco's GDP.
- The price level index is based on 2015 as the base year.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Government Consumption for Morocco measures the relative price level of government spending on public services, employee compensation, and other outlays in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into inflationary pressures and the government's fiscal stance, which are important for understanding the broader Moroccan economy.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using national accounts information.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess inflationary conditions and evaluate the government's fiscal policy and spending decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and data availability from the International Monetary Fund.
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Citation
U.S. Federal Reserve, Price Level of Government Consumption for Morocco (PLGCPPMAA670NRUG), retrieved from FRED.