Claims on Private Sector for Benin
Percent Change From Preceding Period
BENFDSAOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.32
Year-over-Year Change
72.36%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Percent Change From Preceding Period' trend measures the quarterly percent change in the personal consumption expenditures (PCE) price index, a key indicator of U.S. inflation.
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 changes in consumer spending power and serves as an important measure of price stability for policymakers at the Federal Reserve and other economic analysts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on a survey of consumer expenditures.
Historical Context
This inflation metric helps inform monetary policy decisions and economic forecasting.
Key Facts
- The PCE price index is the Federal Reserve's preferred measure of U.S. inflation.
- This indicator helps track changes in consumer purchasing power over time.
- Policymakers use this data to monitor price stability and make informed decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change From Preceding Period' trend measures the quarterly percent change in the personal consumption expenditures (PCE) price index, a key indicator of U.S. inflation.
Q: Why is this trend relevant for users or analysts?
A: This inflation metric is crucial for policymakers, economists, and investors to assess changes in consumer purchasing power and inform economic forecasting and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The PCE price index is the Federal Reserve's preferred measure of inflation, and this data helps inform monetary policy decisions to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with a typical one-month lag between the end of the reference period and the data publication.
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Citation
U.S. Federal Reserve, Percent Change From Preceding Period (BENFDSAOPPCPPPT), retrieved from FRED.