Economy > Consumer price index: Countries Compared
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DEFINITION:
Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
2000 = 100.
2000 = 100.
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Interesting observations about Economy > Consumer price index
- Angola ranked first for consumer price index amongst Hot countries in 2005.
- Zimbabwe ranked first for consumer price index amongst Former British colonies in 2002.
- Turkey ranked first for consumer price index amongst Emerging markets in 2005.
- Romania ranked first for consumer price index amongst European Union in 2005.
- Lebanon ranked first for consumer price index amongst Muslim countries in 1994.
- Slovakia ranked first for consumer price index amongst High income OECD countries in 2005.
- Belarus ranked first for consumer price index amongst Europe in 2005.
- Democratic Republic of the Congo ranked second for consumer price index amongst Christian countries in 2005.
- Venezuela ranked first for consumer price index amongst Catholic countries in 2005.
- United States ranked first for consumer price index amongst Group of 7 countries (G7) in 2005.