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The Consumer Price Index (CPI) is an indicator of changes in consumer prices. It is obtained by comparing the cost of a fixed basket of goods and services purchased by consumers over time. CPI data and methodology is collected and maintained by Statistics Canada.
Between the first quarter of 2017 and the third quarter of 2024, the Consumer Price Index (CPI) increased in the seven French overseas regions observed. In the third quarter of 2024, it was high in Guadeloupe (116.93). In contrast, it was lower in New Caledonia (106.22).INSEE defines the consumer price index (CPI) as the instrument for measuring inflation, making it possible to estimate, between two given periods, the average change in the prices of products consumed by households. It is based on the observation of a fixed basket of goods and services, updated each year. Each product is weighted in the overall index in proportion to its weight in household consumption expenditure.
In June 2023, the consumer price index goods in Canada reached 144.4, which represented an increase of more than 16 points compared to the same month the previous year. The CPI of services amounted to 169.5 in June 2023. The consumer price index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services.
Consumer price index of Chile surged by 7.58% from 158.6 index in 2022 to 170.7 index in 2023. Since the 1.79% upward trend in 2013, consumer price index soared by 57.49% in 2023. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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The Consumer Price Index (CPI) measures over time the prices of goods and services in major expenditure categories typically purchased by urban consumers. The expenditure categories include food, housing, apparel, transportation, and medical care. Essentially, the Index measures consumer purchasing power by comparing the cost of a fixed set of goods and services (called a market basket) in a specific month relative to the cost of the same market basket in an earlier reference period, designated as the base period. The CPI is calculated for two population groups: urban wage earners and clerical workers (CPI-W) and all urban consumers (CPI-U). The CPI-W population includes those urban families with clerical workers, sales workers, craft workers, operatives, service workers, or laborers in the family unit and is representative of the prices paid by about 40 percent of the United States population. The CPI-U population consists of all urban households (including professional and salaried workers, part-time workers, the self-employed, the unemployed, and retired persons) and is representative of the prices paid by about 80 percent of the United States population. Both populations specifically exclude persons in the military, in institutions, and all persons living outside of urban areas (such as farm families). National indexes for both populations are available for about 350 consumer items and groups of items. In addition, over 100 of the indexes have been adjusted for seasonality. The indexes are monthly with some beginning in 1913. Area indexes are available for 27 urban places. For each area, indexes are presented for about 65 items and groups. The area indexes are produced monthly for 5 areas, bimonthly for 10 areas, and semiannually for 12 urban areas. Regional indexes are available for four regions with about 95 items and groups per region. Beginning with January 1987, regional indexes are monthly, with some beginning as early as 1966. City-size indexes are available for four size classes with about 95 items and groups per class. Beginning with January 1987, these indexes are monthly and most begin in 1977. Regional and city-size indexes are available cross-classified by region and city-size class. For each of the 13 cross-classifications, about 60 items and groups are available. Beginning with January 1987, these indexes are monthly and most begin in 1977. Each index record includes a series identification code that specifies the sample (either all urban consumers or urban wage earners and clerical workers), seasonality (either seasonally adjusted or unadjusted), periodicity (either semiannual or regular), geographic area, index base period, and item number of the index.
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Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data was reported at 120.267 2020=100 in 2023. This records an increase from the previous number of 111.550 2020=100 for 2022. Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data is updated yearly, averaging 55.823 2020=100 from Dec 1958 (Median) to 2023, with 66 observations. The data reached an all-time high of 120.267 2020=100 in 2023 and a record low of 14.452 2020=100 in 1958. Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Austria – Table AT.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Annual. The Austrian CPI measure price changes in a fixed basket of goods and services bought in Austria for the purpose of consumption by all Austrian households, foreign visitors and residents in institutional households. The prices used in the CPI calculation are the transaction prices actually paid by consumers including taxes less any general discounts, rebates or subsidies. Method of collection: Personal visits and mail questionnaire, paper collection forms, centrally collected prices by mail and telephone. Treatment of rentals for housing: Apartments rent abroad are included. Treatment of Owner-Occupied Housing: Regular payments for Owner occupied flats are included (payment approach), initial payments are excluded. House construction goods and services and major repairs are included. The purchase of a house and other real estate (land prices, housing agents) are not included. Treatment of missing prices: Prices are adjusted by the rate of change of the other price observations of the same product. If product offers are not available any more a new product offer is selected as replacement immediately after three months at latest. Treatment of quality changes: Quantity adjustment for food, Expert Judgment adjustment method e.g. for clothing, Option pricing method for durables and cars, Hedonic method for notebooks. Introduction of new products: New products are selected with respect to demand (turnover) and availability and they are introduced every December. New models and varieties are implemented by replacement as soon as they become relevant. Treatment of seasonal items: When a product offer disappears for seasonal non-availability, it is not replaced but its price relative is excluded from calculation. The index is then calculated with the rest of available prices. If the seasonal variety becomes available again the respective price relative is included in the calculation again (after potential quality adjustment). For a minority of products which would not at all be available in whole Austria the last prices are carried forward (e.g. schools and theatres in summer or public baths in winter).; Index series starts in January 1958
Consumer price index of Sudan shot up by 138.81% from 16,245.9 index in 2021 to 38,796.6 index in 2022. Since the 35.56% jump in 2012, consumer price index soared by 24,134.12% in 2022. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Consumer price index of Guinea Bissau surged by 9.39% from 116.6 index in 2021 to 127.5 index in 2022. Since the 1.51% decline in 2014, consumer price index soared by 19.23% in 2022. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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San Marino Consumer Price Index (CPI): % Change data was reported at 1.046 % in 2017. This records an increase from the previous number of 0.574 % for 2016. San Marino Consumer Price Index (CPI): % Change data is updated yearly, averaging 1.890 % from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 4.293 % in 2008 and a record low of 0.146 % in 2015. San Marino Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s San Marino – Table SM.World Bank.WDI: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
Consumer price index of Ecuador rose by 2.22% from 128.2 index in 2022 to 131.0 index in 2023. Since the 0.34% decline in 2020, consumer price index leapt by 5.90% in 2023. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data was reported at 107.900 2020=100 in Dec 2022. This records a decrease from the previous number of 109.933 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data is updated quarterly, averaging 104.367 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 114.900 2020=100 in Sep 1999 and a record low of 10.633 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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Comoros KM: Consumer Price Index (CPI): % Change data was reported at -4.295 % in 2013. This records a decrease from the previous number of 6.315 % for 2012. Comoros KM: Consumer Price Index (CPI): % Change data is updated yearly, averaging 3.533 % from Dec 2001 (Median) to 2013, with 13 observations. The data reached an all-time high of 6.315 % in 2012 and a record low of -4.295 % in 2013. Comoros KM: Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Comoros – Table KM.World Bank.WDI: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.;International Monetary Fund, International Financial Statistics and data files.;Median;
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Tajikistan TJ: Consumer Price Index data was reported at 148.568 2010=100 in 2016. This records an increase from the previous number of 140.152 2010=100 for 2015. Tajikistan TJ: Consumer Price Index data is updated yearly, averaging 88.275 2010=100 from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 148.568 2010=100 in 2016 and a record low of 28.356 2010=100 in 2000. Tajikistan TJ: Consumer Price Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tajikistan – Table TJ.World Bank.WDI: Inflation. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.; ; International Monetary Fund, International Financial Statistics and data files.; ;
In June 2023, the Consumer Price Index had reached 154.1 in the province of Quebec in Canada. This represented an increase of more than 21 points compared to June 2020. The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.
The CPI is a current social and economic indicator constructed to measure changes over time in the general level of prices of consumer goods and services that households acquire, use, or pay for. The index measures changes in consumer prices over time by measuring the cost of purchasing a fixed basket of consumer goods and services of constant quality and similar characteristics. The products in the basket are selected to be representative of households' expenditure during a specific year. Such an index is called a fixed-basket price index. Changes in the index reflect the effects of price changes on the cost of achieving a constant standard of living.
The South African CPI has three equally important objectives: 1. To measure inflation in the economy so that macroeconomic policy is based on comprehensive and up-to-date price information. 2. To measure changes in the cost of living of South African households to promote equity in measures taken to adjust wages, grants, service agreements and contracts. 3. To provide a deflator for consumer expenditure in the national accounts and other economic data, to compute volume (as opposed to nominal) estimates.
In compiling the South African CPI, Stats SA largely follows the methodology guidelines in the 2020 Consumer Price Index Manual: Concepts and Methods published jointly by the International Monetary Fund, International Labour Organization, Statistical Office of the European Union, United Nations Economic Commission for Europe, Organisation for Economic Co-operation and Development, and World Bank.
Time-Series
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Tuvalu TV: Inflation: Consumer Price Index data was reported at 0.501 % in 2011. Tuvalu TV: Inflation: Consumer Price Index data is updated yearly, averaging 0.501 % from Dec 2011 (Median) to 2011, with 1 observations. The data reached an all-time high of 0.501 % in 2011 and a record low of 0.501 % in 2011. Tuvalu TV: Inflation: Consumer Price Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tuvalu – Table TV.World Bank.WDI: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.;International Monetary Fund, International Financial Statistics and data files.;Median;
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Montenegro ME: Consumer Price Index (CPI): % Change data was reported at 2.380 % in 2017. This records an increase from the previous number of -0.271 % for 2016. Montenegro ME: Consumer Price Index (CPI): % Change data is updated yearly, averaging 2.652 % from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 8.759 % in 2008 and a record low of -0.711 % in 2014. Montenegro ME: Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
Consumer price index of Trinidad and Tobago rose by 4.63% from 155.6 index in 2022 to 162.8 index in 2023. Since the 5.20% jump in 2013, consumer price index soared by 34.73% in 2023. Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Palau PW: Inflation: Consumer Price Index data was reported at 1.280 % in 2017. This records an increase from the previous number of -1.042 % for 2016. Palau PW: Inflation: Consumer Price Index data is updated yearly, averaging 3.297 % from Dec 2002 (Median) to 2017, with 16 observations. The data reached an all-time high of 11.966 % in 2008 and a record low of -1.301 % in 2002. Palau PW: Inflation: Consumer Price Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Palau – Table PW.World Bank.WDI: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.; ; International Monetary Fund, International Financial Statistics and data files.; Median;
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The Consumer Price Index (CPI) is an indicator of changes in consumer prices. It is obtained by comparing the cost of a fixed basket of goods and services purchased by consumers over time. CPI data and methodology is collected and maintained by Statistics Canada.