Monetary Inflation Index API

Monetary Inflation Index API

The Monetary Inflation Index API provides access to an essential economic indicator that measures the rate at which the general price level of goods and services is increasing in an economy.

API description

About the API:  

The Monetary Inflation Index API provides data on monthly and annual inflation rates. This valuable resource allows users to stay up to date on the latest inflation trends, enabling informed decision making and accurate economic analysis.

By accessing the Monetary Inflation Index API, users can obtain accurate information on current monthly and annual inflation rates. These rates are essential indicators of price fluctuations within the economy, as they reflect the overall increase in the average price level of goods and services over specific time periods.

Tracking monthly inflation rates provides a granular view of short-term price movements. This up-to-date information helps stakeholders identify potential inflationary pressures and take appropriate action to manage risks or take advantage of opportunities.

In addition to monthly figures, the API also provides annual inflation percentages. These indicators provide a broader perspective on long-term price trends and facilitate a more comprehensive assessment of the stability and growth of the economy. Annual inflation rates serve as crucial benchmarks for assessing price stability, determining the effectiveness of monetary policies and monitoring the purchasing power of consumers and businesses.

The Monetary Inflation Index API ensures the accuracy and reliability of inflation data. The information is meticulously compiled from various sectors, such as food, housing, transportation, health and energy. This comprehensive approach ensures a complete representation of the economy and its impact on price levels.

The API offers a user-friendly interface and robust documentation, making it accessible and easy to integrate into various applications and systems.

The availability of inflation data through the Monetary Inflation Index API enables a wide range of stakeholders. Businesses can make more informed decisions about interest rates, fiscal policies and economic regulations. Financial institutions and investors can gauge inflationary risks and adjust their investment strategies accordingly. Companies can adapt their pricing strategies, anticipate consumer behavior and better manage their cost structures. Researchers and analysts can explore correlations between inflation and other economic variables, allowing for deeper insights into economic patterns and trends.

In addition, this API facilitates international comparisons and benchmarking. By accessing inflation data from multiple countries, analysts can assess relative economic trends in their countries.

 

What this API receives and what your API provides (input/output)?

It will receive parameters and provide you with a JSON.

 

What are the most common uses cases of this API?

  1. Economic analysis: Researchers and economists can use the API to analyze monthly and annual inflation rates as essential indicators of a country's economic health. These figures help assess price stability, evaluate the effectiveness of monetary policies, and identify potential risks or opportunities.

  2. Monetary policy decision making: Central banks and policy makers depend on accurate inflation data to make informed decisions on interest rates, money supply and other monetary policy measures. The API gives them access to inflation rates to formulate and adjust policy strategies.

  3. Investment strategy: Investors and financial institutions can incorporate current inflation rates into their investment models to gauge inflationary risks and adjust their investment strategies accordingly. This information helps to optimize asset allocation, manage portfolios and mitigate potential losses caused by inflation.

  4. Business planning: Companies in a variety of industries use inflation data to anticipate price trends, adjust pricing strategies and forecast costs. By accessing the API, companies can stay up to date on monthly and annual inflation rates, enabling them to make informed decisions about product pricing, budgeting and resource allocation.

  5. Risk management: Inflation affects the profitability and sustainability of companies. Risk managers can use the API to monitor inflation trends and assess potential risks associated with price fluctuations. This information helps to develop effective risk mitigation and hedging strategies for inflation-related risks.

     

Are there any limitations to your plans?

Besides the number of API calls, there are no other limitations.

API Documentation

Endpoints


To use this endpoint you must insert in the parameter the type of inflation indicator, you can insert CPI (Consumer Price Index) by default or HICP (Harmonized Index of Consumer Prices).



                                                                            
GET https://zylalabs.com/api/2041/monetary+inflation+index+api/1820/get+inflation+data
                                                                            
                                                                        

Get Inflation data - Endpoint Features
Object Description
type [Optional] you can insert CPI (Consumer Price Index) by default or HICP (Harmonized Index of Consumer Prices).
Test Endpoint

API EXAMPLE RESPONSE

       
                                                                                                        
                                                                                                                                                                                                                            [{"country": "Austria", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.508, "yearly_rate_pct": 9.191}, {"country": "Belgium", "type": "CPI", "period": "april 2023", "monthly_rate_pct": -0.666, "yearly_rate_pct": 5.604}, {"country": "Brazil", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.71, "yearly_rate_pct": 4.651}, {"country": "Canada", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.708, "yearly_rate_pct": 4.406}, {"country": "Chile", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.312, "yearly_rate_pct": 9.907}, {"country": "China", "type": "CPI", "period": "april 2023", "monthly_rate_pct": -0.194, "yearly_rate_pct": 0.097}, {"country": "Czech Republic", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.136, "yearly_rate_pct": 14.965}, {"country": "Denmark", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.256, "yearly_rate_pct": 5.282}, {"country": "Estonia", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 1.959, "yearly_rate_pct": 13.468}, {"country": "Finland", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.309, "yearly_rate_pct": 7.925}, {"country": "France", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.608, "yearly_rate_pct": 5.884}, {"country": "Germany", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.431, "yearly_rate_pct": 7.169}, {"country": "Great Britain", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.635, "yearly_rate_pct": 8.841}, {"country": "Greece", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.638, "yearly_rate_pct": 3.039}, {"country": "Hungary", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.655, "yearly_rate_pct": 23.991}, {"country": "Iceland", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 1.305, "yearly_rate_pct": 9.889}, {"country": "India", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.452, "yearly_rate_pct": 5.794}, {"country": "Indonesia", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.177, "yearly_rate_pct": 4.966}, {"country": "Ireland", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.509, "yearly_rate_pct": 7.233}, {"country": "Israel", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.775, "yearly_rate_pct": 5.051}, {"country": "Italy", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.421, "yearly_rate_pct": 8.16}, {"country": "Japan", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.385, "yearly_rate_pct": 3.264}, {"country": "Luxembourg", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.908, "yearly_rate_pct": 3.69}, {"country": "Mexico", "type": "CPI", "period": "april 2023", "monthly_rate_pct": -0.02, "yearly_rate_pct": 6.253}, {"country": "Norway", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 1.097, "yearly_rate_pct": 6.436}, {"country": "Poland", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.725, "yearly_rate_pct": 15.252}, {"country": "Portugal", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.563, "yearly_rate_pct": 5.71}, {"country": "Russia", "type": "CPI", "period": "march 2022", "monthly_rate_pct": 7.613, "yearly_rate_pct": 16.698}, {"country": "Slovakia", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 1.161, "yearly_rate_pct": 14.734}, {"country": "Slovenia", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 1.505, "yearly_rate_pct": 9.404}, {"country": "South Africa", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 1.017, "yearly_rate_pct": 7.262}, {"country": "South Korea", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.217, "yearly_rate_pct": 3.697}, {"country": "Spain", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.596, "yearly_rate_pct": 4.096}, {"country": "Sweden", "type": "CPI", "period": "march 2023", "monthly_rate_pct": 0.571, "yearly_rate_pct": 10.639}, {"country": "Switzerland", "type": "CPI", "period": "april 2023", "monthly_rate_pct": -0.003, "yearly_rate_pct": 2.565}, {"country": "The Netherlands", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 1.034, "yearly_rate_pct": 5.175}, {"country": "Turkey", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 2.386, "yearly_rate_pct": 43.684}, {"country": "United States", "type": "CPI", "period": "april 2023", "monthly_rate_pct": 0.506, "yearly_rate_pct": 4.93}]
                                                                                                                                                                                                                    
                                                                                                    

Get Inflation data - CODE SNIPPETS


curl --location --request GET 'https://zylalabs.com/api/2041/monetary+inflation+index+api/1820/get+inflation+data' --header 'Authorization: Bearer YOUR_API_KEY' 

    

API Access Key & Authentication

After signing up, every developer is assigned a personal API access key, a unique combination of letters and digits provided to access to our API endpoint. To authenticate with the Monetary Inflation Index API REST API, simply include your bearer token in the Authorization header.

Headers

Header Description
Authorization [Required] Should be Bearer access_key. See "Your API Access Key" above when you are subscribed.


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