Haiti | 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
Republic of Haiti
Records
63
Source
Haiti | Consumer price index (2010 = 100)
0.85297117 1960
0.88521098 1961
0.8802989 1962
0.91821181 1963
1.00233971 1964
1.02503211 1965
1.11012859 1966
1.07754286 1967
1.09172561 1968
1.10715367 1969
1.122305 1970
1.22981714 1971
1.26904454 1972
1.55761156 1973
1.79048535 1974
2.09081367 1975
2.23796832 1976
2.383255 1977
2.31953641 1978
2.62325475 1979
3.08962499 1980
3.42510677 1981
3.67716868 1982
4.05384546 1983
4.31337396 1984
4.7726982 1985
4.9292392 1986
4.36486771 1987
4.54406596 1988
4.85869277 1989
5.89242979 1990
6.80103701 1991
8.1176154 1992
10.52903191 1993
14.67027069 1994
18.72046618 1995
22.57381135 1996
27.21476289 1997
28.64871839 1998
29.50943883 1999
32.26362026 2000
36.56007696 2001
39.13130113 2002
50.36181934 2003
60.95383354 2004
69.47091778 2005
77.35254292 2006
82.42472531 2007
95.02068595 2008
95.39495917 2009
100 2010
106.33279484 2011
111.66861867 2012
116.9896552 2013
121.01195445 2014
129.15828645 2015
144.01524453 2016
159.39620043 2017
179.29109551 2018
212.82531217 2019
261.341633 2020
305.35554689 2021
409.12736814 2022
Haiti | 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
Republic of Haiti
Records
63
Source