Inflation, average consumer prices

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Organisation:International Monetary Fund
Publication:World Economic Outlook
Series:PCPIPCH
Details:Expressed in averages for the year, not end-of-period data. A consumer price index (CPI) measures changes in the prices of goods and services that households consume. Such changes affect the real purchasing power of consumers? incomes and their welfare. As the prices of different goods and services do not all change at the same rate, a price index can only reflect their average movement. A price index is typically assigned a value of unity, or 100, in some reference period and the values of the index for other periods of time are intended to indicate the average proportionate, or percentage, change in prices from this price reference period. Price indices can also be used to measure differences in price levels between different cities, regions or countries at the same point in time. [CPI Manual 2004, Introduction] For euro countries, consumer prices are calculated based on harmonized prices. For more information see http://epp.eurostat.ec.europa.eu/cache/ITY_OFFPUB/KS-BE-04-001/EN/KS-BE-04-001-EN.PDF.]
Last Updated:Thursday, November 28, 2019
Download Page:https://www.imf.org/en/Publications/WEO/weo-database/2020/October/download-entire-database
Download Url:https://www.imf.org/-/media/Files/Publications/WEO/WEO-Database/2024/April/WEOApr2024all.xls
Period:1980 - 2029
Date Accessed: Wednesday, March 18, 2020