Consumer Price Index: All Items: Total for Slovak Republic

Index source base, Monthly

SVKCPALTT01IXNBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

229.20

Year-over-Year Change

6.26%

Date Range

1/1/1991 - 11/1/2023

Summary

The Index source base, Monthly measures the monthly change in the value of a composite index. This metric is important for economists and policymakers to assess overall economic conditions and trends.

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 Index source base, Monthly is a composite index that tracks changes in various economic indicators on a monthly basis. It is used to analyze broader economic trends and inform policy decisions.

Methodology

The data is collected and calculated by government statistical agencies.

Historical Context

This index is closely monitored by market analysts and policymakers for insights into the health of the economy.

Key Facts

  • The index has a base year of 2012.
  • It includes data from multiple economic sectors.
  • The index is released on a monthly basis.

FAQs

Q: What does this economic trend measure?

A: The Index source base, Monthly measures the monthly change in the value of a composite index that tracks various economic indicators.

Q: Why is this trend relevant for users or analysts?

A: This index is a widely-used metric for assessing the overall health and direction of the economy, making it relevant for policymakers, economists, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected and calculated by government statistical agencies.

Q: How is this trend used in economic policy?

A: This index is closely monitored by policymakers and market analysts to inform economic policy decisions and assess the state of the economy.

Q: Are there update delays or limitations?

A: The index is released on a monthly basis, with minimal update delays.

Related Trends

Citation

U.S. Federal Reserve, Index source base, Monthly (SVKCPALTT01IXNBM), retrieved from FRED.