Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for United States
Index 2015=100, Quarterly
USACP020000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.51
Year-over-Year Change
14.61%
Date Range
1/1/2010 - 10/1/2024
Summary
The Index 2015=100, Quarterly measures the quarterly consumer price index (CPI) with a base year of 2015. This core economic indicator tracks changes in the average cost of consumer goods and services over time, providing insights into inflation and consumer purchasing power.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Quarterly is a comprehensive, seasonally adjusted measure of the average change in prices paid by consumers for a basket of goods and services. It is a widely used benchmark for assessing the overall level of inflation in the U.S. economy and helps guide policymakers' decisions on monetary policy and economic management.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer expenditures.
Historical Context
The Index 2015=100, Quarterly is a key input for the Federal Reserve's monetary policy decisions and is closely watched by economists, investors, and policymakers.
Key Facts
- The base year for the Index 2015=100, Quarterly is 2015.
- The index is seasonally adjusted to account for typical price fluctuations.
- The CPI basket covers a wide range of consumer goods and services.
FAQs
Q: What does the Index 2015=100, Quarterly measure?
A: The Index 2015=100, Quarterly measures the average change in prices paid by consumers for a basket of goods and services, providing a comprehensive gauge of inflation in the U.S. economy.
Q: Why is the Index 2015=100, Quarterly relevant for users or analysts?
A: The Index 2015=100, Quarterly is a key economic indicator used by policymakers, economists, and investors to assess inflationary pressures and guide decisions on monetary policy, consumer spending, and investment strategies.
Q: How is the Index 2015=100, Quarterly data collected and calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer expenditures.
Q: How is the Index 2015=100, Quarterly used in economic policy?
A: The Index 2015=100, Quarterly is a key input for the Federal Reserve's monetary policy decisions, as it helps the central bank assess inflationary trends and determine appropriate interest rate adjustments to maintain price stability.
Q: Are there any update delays or limitations with the Index 2015=100, Quarterly data?
A: The Index 2015=100, Quarterly data is typically released on a monthly basis with a short delay, providing timely information on consumer price trends. However, the data may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (USACP020000IXOBQ), retrieved from FRED.