Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Austria
Quarterly
AUTCP010000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.58
Year-over-Year Change
-48.44%
Date Range
1/1/1959 - 1/1/2025
Summary
The Quarterly Automobile Consumer Price Index (AUTCP010000GYQ) measures the inflation rate for new automobile purchases in the United States. This data point is a key indicator of consumer spending and economic health.
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 Quarterly Automobile Consumer Price Index (AUTCP010000GYQ) tracks the average price changes over time for new cars and light trucks purchased by U.S. consumers. It is a seasonally adjusted index that provides insight into consumer demand and the pricing power of automobile manufacturers.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer prices.
Historical Context
This index is widely followed by economists, policymakers, and market analysts to assess inflationary pressures and consumer behavior.
Key Facts
- The index has a base year of 1982-84 = 100.
- Auto prices rose 5.7% in 2022 compared to the prior year.
- The index reached an all-time high of 145.7 in December 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Automobile Consumer Price Index measures the average price changes over time for new cars and light trucks purchased by U.S. consumers.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into consumer spending, inflationary pressures, and the pricing power of the automotive industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this index to assess consumer behavior and inflationary trends, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Automobile Consumer Price Index (AUTCP010000GYQ), retrieved from FRED.