Honduras | 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 Honduras
Records
63
Source
Honduras | Consumer price index (2010 = 100)
1960 1.56193029
1961 1.58634314
1962 1.60366839
1963 1.65308472
1964 1.72701235
1965 1.78203971
1966 1.81383548
1967 1.85177803
1968 1.88624378
1969 1.90997677
1970 1.96500103
1971 2.00868787
1972 2.08124734
1973 2.18933071
1974 2.4706498
1975 2.67759545
1976 2.80835365
1977 3.04523007
1978 3.22027978
1979 3.6110722
1980 4.26328756
1981 4.66427922
1982 5.08325378
1983 5.50276514
1984 5.76284608
1985 5.95663188
1986 6.21590761
1987 6.37050681
1988 6.65662268
1989 7.31232726
1990 9.01774964
1991 12.08128302
1992 13.13958967
1993 14.55191774
1994 17.71395442
1995 22.9332877
1996 28.40008706
1997 34.1368668
1998 38.80273054
1999 43.32858052
2000 48.11553723
2001 52.77030916
2002 56.82861491
2003 61.18973738
2004 66.15454477
2005 71.9821388
2006 75.99712404
2007 81.26844774
2008 90.53583592
2009 95.51199576
2010 100
2011 106.76227957
2012 112.30984636
2013 118.10716718
2014 125.34624991
2015 129.30447287
2016 132.82751835
2017 138.05343223
2018 144.05509725
2019 150.34435783
2020 155.55891925
2021 162.52932718
2022 177.30265647
Honduras | 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 Honduras
Records
63
Source