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

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