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Group 5
Group 5
0
2016 2017 2018 2019 2020 2021
nt: The inflation rate using two calculations had a significant change
e course of time. The two inflation rates showed almost the same figures
16 to 2018 but had a converse fluctuation from 2019 to 2020. Inflation
ng GDP Deflator is slightly different from the one using CPI due to the
s unlimited consumer goods (it represents the country's economy).
CPI cannot depict complex patterns in price changes and is based on
sket of goods, the inflation rates using CPI and GDP Deflator result in an
erable change from the last 3 years.
2021 [YR2021]
112.864922774752
2504177717000
2299575017000
Code License Type
FP.CPI.TOTL CC BY-4.0
NY.GDP.MKTP.CN CC BY-4.0
NY.GDP.MKTP.KN CC BY-4.0
Indicator Name
Consumer price index (2010 = 100)
GDP (current LCU)
GDP (constant LCU)
Long definition
Consumer price index reflects changes in the cost to the averag
GDP at purchaser's prices is the sum of gross value added by all
GDP is the sum of gross value added by all resident producers i
Source
International Monetary Fund, International Financial Statistics a
World Bank national accounts data, and OECD National Accounts
World Bank national accounts data, and OECD National Accounts
Topic
Financial Sector: Exchange rates & prices
Economic Policy & Debt: National accounts: Local currency at cu
Economic Policy & Debt: National accounts: Local currency at co
Periodicity
Annual
Annual
Annual
Base Period
2010
varies by country
Statistical concept and methodology
Consumer price indexes are constructed explicitly, using survey
Development relevance
A general and continuing increase in an economy’s price level is
Limitations and exceptions
Consumer price indexes should be interpreted with caution. The
License URL
https://datacatalog.worldbank.org/public-licenses#cc-by
https://datacatalog.worldbank.org/public-licenses#cc-by
https://datacatalog.worldbank.org/public-licenses#cc-by