Get OECD CPI inflation data

Downloads (and caches) annual consumer price inflation for OECD member countries from the OECD Prices database (COICOP 1999 classification).

Usage

get_oecd_cpi(countries = "all", start_year = 1990, refresh = FALSE)

Arguments

countries

Character vector of ISO 3166-1 alpha-3 country codes, or "all" for all available OECD members. Defaults to "all". Run list_oecd_countries() to see available codes.

start_year

Numeric. Earliest year to include. Defaults to 1990.

refresh

Logical. If TRUE, re-download even if a cached copy exists. Defaults to FALSE.

Value

A data frame with columns:

country

ISO 3166-1 alpha-3 country code (character)

country_name

English country name (character)

year

Calendar year (integer)

series

"CPI_INFLATION" (character)

value

Annual CPI inflation rate (numeric)

unit

"% change, year-on-year" (character)

Details

Returns the year-on-year percentage change in the Consumer Price Index (CPI) for total expenditure, not seasonally adjusted. This is the standard harmonised measure of headline inflation used for cross-country comparisons.

See also

Other economic indicators: get_oecd_gdp(), get_oecd_unemployment()

Examples

# \donttest{
op <- options(readoecd.cache_dir = tempdir())
cpi <- try(get_oecd_cpi(c("AUS", "GBR", "USA"), start_year = 2000))
#> Downloading from OECD API...
if (!inherits(cpi, "try-error")) head(cpi)
#>   country country_name year        series    value                   unit
#> 8     AUS    Australia 2000 CPI_INFLATION 4.457435 % change, year-on-year
#> 7     AUS    Australia 2001 CPI_INFLATION 4.407135 % change, year-on-year
#> 6     AUS    Australia 2002 CPI_INFLATION 2.981575 % change, year-on-year
#> 5     AUS    Australia 2003 CPI_INFLATION 2.732596 % change, year-on-year
#> 4     AUS    Australia 2004 CPI_INFLATION 2.343255 % change, year-on-year
#> 3     AUS    Australia 2005 CPI_INFLATION 2.691832 % change, year-on-year
options(op)
# }