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DataBank

Metadata Glossary

CodeFP.CPI.TOTL.ZG
Indicator NameInflation, consumer prices (annual %)
Long definitionInflation 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.
SourceInternational Monetary Fund, International Financial Statistics and data files.
TopicFinancial Sector: Exchange rates & prices
PeriodicityAnnual
Aggregation methodMedian
License URLhttps://datacatalog.worldbank.org/public-licenses#cc-by
License TypeCC BY-4.0
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