Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Austria
Growth rate same period previous year, Quarterly
AUTCP040300GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.21
Year-over-Year Change
-66.20%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in consumer prices, providing insight into inflation trends 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
This economic indicator tracks the quarterly percentage change in the Consumer Price Index (CPI) compared to the same quarter of the previous year. It is a key metric used by economists and policymakers to assess inflationary pressures and the overall state of the economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on its monthly CPI survey.
Historical Context
Monitoring this growth rate is crucial for the Federal Reserve and other institutions in setting appropriate monetary and fiscal policies.
Key Facts
- Quarterly CPI growth rate reached a high of 9.1% in June 2022.
- The Federal Reserve aims to maintain a 2% annual inflation target.
- Consumer price growth has exceeded the Fed's target since early 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year percentage change in the Consumer Price Index (CPI), which is the primary gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the growth rate in consumer prices is crucial for policymakers, businesses, and consumers to understand the state of the economy and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on its monthly survey of consumer prices.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely track this indicator to inform monetary policy decisions, such as setting interest rates, to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of around one month after the end of the quarter.
Related Trends
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (AUTCP040300GYQ), retrieved from FRED.