Burkina Faso | Consumer price index (2010 = 100)

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. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Burkina Faso | Consumer price index (2010 = 100)
1960 10.71330051
1961 12.70191821
1962 12.91479087
1963 13.63468751
1964 13.88626429
1965 13.7848595
1966 14.11074819
1967 13.49922309
1968 13.46051897
1969 14.76020333
1970 15.02184318
1971 15.33147615
1972 14.88328243
1973 16.01499091
1974 17.41143557
1975 20.67728925
1976 18.94024833
1977 24.61969094
1978 26.65552767
1979 30.65211514
1980 34.39248133
1981 36.99107597
1982 41.45211288
1983 44.83201982
1984 47.00500885
1985 50.25120194
1986 48.93876973
1987 47.62633752
1988 49.65313157
1989 49.41390342
1990 49.16470743
1991 50.22794365
1992 49.22783708
1993 49.50029136
1994 61.96341345
1995 66.58516841
1996 70.64540173
1997 72.28345003
1998 75.95858166
1999 75.14383956
2000 74.91524285
2001 78.66657338
2002 80.37811793
2003 82.01346358
2004 81.68522216
2005 86.92536198
2006 88.95342505
2007 88.74827416
2008 98.20866083
2009 100.7701162
2010 100
2011 102.75976725
2012 106.68329177
2013 107.25270158
2014 106.9758936
2015 107.75129658
2016 108.22652446
2017 109.8315227
2018 111.97976471
2019 108.35902293
2020 110.40098364
2021 114.43451987
2022 130.78748217

Burkina Faso | Consumer price index (2010 = 100)

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. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source