Côte d'Ivoire - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Côte d'Ivoire was 118.99 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 118.99 in 2021 and a minimum value of 5.56 in 1960.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 5.56
1961 6.20
1962 6.12
1963 6.18
1964 6.22
1965 6.38
1966 6.65
1967 6.80
1968 7.16
1969 7.48
1970 8.10
1971 8.06
1972 8.08
1973 8.98
1974 10.54
1975 11.75
1976 13.17
1977 16.78
1978 19.00
1979 22.10
1980 25.35
1981 27.59
1982 29.68
1983 31.35
1984 32.69
1985 33.30
1986 36.53
1987 39.07
1988 41.77
1989 42.21
1990 41.87
1991 42.58
1992 44.38
1993 45.34
1994 57.16
1995 65.33
1996 66.95
1997 69.65
1998 72.86
1999 73.37
2000 75.23
2001 78.51
2002 80.92
2003 83.59
2004 84.81
2005 88.11
2006 90.28
2007 91.99
2008 97.79
2009 98.79
2010 100.00
2011 104.91
2012 106.28
2013 109.02
2014 109.51
2015 110.88
2016 111.69
2017 112.45
2018 112.86
2019 111.61
2020 114.31
2021 118.99

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.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices