PREFERRED TERM
FP.CPI.TOTL.ZGinflation consumer prices annual percentage_wdi
DEFINITION
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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.
BROADER CONCEPT
SCOPE NOTE
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International Monetary Fund, International Financial Statistics and data files.
CONTRIBUTOR
URI
http://joinedupdata.org/Indicators/wdi/inflation-consumer-prices-annual--percentage_wdi