Cote d'Ivoire | 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
Cote d'Ivoire
Records
63
Source
Cote d'Ivoire | Consumer price index (2010 = 100)
5.55883694 1960
6.2045788 1961
6.12135996 1962
6.17911292 1963
6.21731174 1964
6.3796567 1965
6.6470484 1966
6.7993889 1967
7.16318713 1968
7.48196533 1969
8.09587484 1970
8.05994977 1971
8.0849609 1972
8.98263303 1973
10.54196319 1974
11.74840907 1975
13.16722216 1976
16.77791959 1977
18.99981727 1978
22.10483516 1979
25.35446284 1980
27.58545548 1981
29.6772953 1982
31.3512219 1983
32.69454686 1984
33.3039089 1985
36.52871132 1986
39.06501162 1987
41.77248498 1988
42.21089483 1989
41.8707258 1990
42.57555603 1991
44.37709122 1992
45.33772857 1993
57.16252089 1994
65.33394274 1995
66.95475156 1996
69.64689053 1997
72.85862039 1998
73.37036171 1999
75.22720061 2000
78.50825688 2001
80.92416388 2002
83.59207776 2003
84.81084052 2004
88.10644594 2005
90.28020067 2006
91.98830775 2007
97.79141562 2008
98.78840358 2009
100 2010
104.91243395 2011
106.2810284 2012
109.02432282 2013
109.51349541 2014
110.88405631 2015
111.68594592 2016
112.45197868 2017
112.85614124 2018
111.60697788 2019
114.31345442 2020
118.99110599 2021
125.26927574 2022
Cote d'Ivoire | 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
Cote d'Ivoire
Records
63
Source