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Historical Inflation and INPC Metrics for Venezuela
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About
Analysing inflationary trends in Venezuela through the National Consumer Price Index (INPC) offers a window into the country's economic history from 1998 to 2014. These records capture price fluctuations across major cities and economic hubs during a period of significant political and fiscal change. Accessing verified information is essential for researchers looking to navigate the complexities of the Venezuelan economy, providing a factual basis for studying cost-of-living adjustments and historical purchasing power during a volatile era.
Columns
- consumer: The primary value representing the consumer price index or a unique record identifier for the entry.
- month: The specific month during which the price data was collected, such as February.
- country: The broad geographic scope of the record, typically identifying national-level data.
- city: The specific urban area associated with the price observation, including major centres like Caracas.
- economic: Indicators or classifications relating to specific economic regions such as Maracay.
- city economic: Combined identifiers for city-specific economic tracking, such as Ciudad Guayana.
- city_economic: Further granular identifiers for urban economic zones, including Barcelona-Puerto La Cruz.
- cimportant: Data points focusing on significant administrative or commercial hubs like Valencia.
- barqui: Targeted economic and price index metrics specifically for the city of Barquisimeto.
- mara: Recorded economic data and index values for the city of Maracaibo.
Distribution
The information is delivered in a single CSV file titled
INPC NEW venezuela.csv with a file size of approximately 10.29 kB. It contains 117 unique records across various columns. The data exhibits high integrity with a 100% validity rate for the primary consumer fields, although some location-based columns contain approximately 21% missing values. The collection is expected to be updated on an annual basis.Usage
This resource is ideal for economic historians performing longitudinal studies on Latin American inflation and fiscal policy. It is well-suited for building econometric models to forecast currency devaluation or for creating visualisations of regional price disparities within Venezuela. Additionally, analysts can use the city-specific data to compare urban cost-of-living trends over a sixteen-year span and evaluate the impact of national economic shifts on local markets.
Coverage
The geographic scope is focused on Venezuela, featuring entries for the National level and specific major cities including Caracas, Valencia, and Maracaibo. Temporally, the records span the years 1998 to 2014. The demographic coverage reflects urban consumer activities across the country's most significant economic and population centres.
License
CC0: Public Domain
Who Can Use It
Economic researchers can leverage these records to study the correlation between political transitions and inflation rates in emerging markets. Data journalists may utilise the city-level breakdowns to illustrate the regional impact of economic volatility through detailed charts. Furthermore, university students specialising in international finance or Latin American studies can find this a valuable primary source for practicing statistical analysis and time-series modelling.
Dataset Name Suggestions
- Venezuelan National Consumer Price Index (1998–2014)
- Historical Inflation and INPC Metrics for Venezuela
- Venezuela Urban Price Index and Economic Trends Archive
- National and City-Level Consumer Prices: Venezuela 1998-2014
- Venezuelan Economic Volatility and Price Index Registry
Attributes
Original Data Source: Historical Inflation and INPC Metrics for Venezuela
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