Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Austria
Quarterly
AUTCP090000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.96
Year-over-Year Change
13.15%
Date Range
1/1/1997 - 1/1/2025
Summary
The Quarterly Automobile Consumer Price Index (AUTCP090000IXOBQ) tracks changes in U.S. consumer prices for new and used automobiles, providing insights into the automotive market.
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 (AUTCP090000IXOBQ) is a key economic indicator that measures inflation in the automotive sector. It is used by policymakers, economists, and analysts to understand broader consumer trends and the health of the automobile industry.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of consumer prices.
Historical Context
This index is a critical input for understanding consumer spending patterns and the broader state of the economy.
Key Facts
- The index has a base year of 2012.
- Automobile prices comprise about 3.5% of the overall Consumer Price Index (CPI).
- The index reached a record high in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Automobile Consumer Price Index (AUTCP090000IXOBQ) measures changes in consumer prices for new and used automobiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflation and consumer spending patterns in the automotive sector, which is a key part of the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of consumer prices.
Q: How is this trend used in economic policy?
A: The Quarterly Automobile CPI is used by policymakers, economists, and analysts to understand consumer trends and the health of the automobile industry, which informs broader economic and policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly Automobile CPI is published on a regular schedule with a short update delay, providing timely data to users.
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Citation
U.S. Federal Reserve, Quarterly Automobile Consumer Price Index (AUTCP090000IXOBQ), retrieved from FRED.