Eswatini - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Eswatini was 166.82 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 166.82 in 2019 and a minimum value of 1.56 in 1965.

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
1965 1.56
1966 1.61
1967 1.64
1968 1.69
1969 1.75
1970 1.78
1971 1.82
1972 1.86
1973 2.08
1974 2.48
1975 2.78
1976 2.96
1977 3.58
1978 3.88
1979 4.52
1980 5.37
1981 6.44
1982 7.14
1983 7.96
1984 8.99
1985 10.83
1986 12.32
1987 13.97
1988 16.82
1989 18.09
1990 20.46
1991 22.28
1992 23.97
1993 26.85
1994 30.55
1995 34.30
1996 36.51
1997 39.11
1998 42.28
1999 44.85
2000 50.33
2001 53.32
2002 59.73
2003 64.08
2004 66.29
2005 69.46
2006 73.14
2007 79.05
2008 89.05
2009 95.69
2010 100.00
2011 106.11
2012 115.59
2013 122.09
2014 129.03
2015 135.42
2016 146.04
2017 155.13
2018 162.60
2019 166.82

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