Inflation, consumer price index (% change) - Prices - Basic Inds. and Nat. Accts - African Development Indicators
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Inflation as measured by the consumer price index reflects the annual percentage change 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. Source: International Monetary Fund, International Financial Statistics and data files.
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