aiwebfinances/src/InflationFetcher.ts

Display pricing that covers country inflation

export async function fetchInflationData(countryCode: string) {
  const WORLD_BANK_INFLATION_API = `https://api.worldbank.org/v2/country/${countryCode}/indicator/FP.CPI.TOTL.ZG?format=json`;

  try {
    const response = await fetch(WORLD_BANK_INFLATION_API);

    // Check if the response is okay (status 200)
    if (!response.ok) {
      throw new Error(`Error fetching inflation data: ${response.statusText}`);
    }

    // Parse the JSON response
    const data = await response.json();

    // The most recent data for Ireland is in data[1][0]
    const inflationData = data[1][0];
    const inflationRate = inflationData.value;

    return inflationRate; // Return the inflation rate
  } catch (error) {
    console.error("Error fetching inflation data:", error);
    throw new Error("Failed to fetch inflation data");
  }
}