Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Luxembourg
Index 2015=100, Monthly
CCUSMA02LUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.65
Year-over-Year Change
-2.99%
Date Range
1/1/1960 - 12/1/2023
Summary
The 'Index 2015=100, Monthly' trend measures the national-level consumer-level inflation index for the United States. This key economic indicator is crucial for understanding overall price levels and informing monetary policy decisions.
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, Monthly' is a consumer price index (CPI) that tracks the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. It is a widely used metric for assessing the purchasing power of the U.S. dollar and the general cost of living.
Methodology
The data is collected through household and business surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The CPI is a critical input for the Federal Reserve's monetary policy decisions.
Key Facts
- The CPI is calculated for all urban consumers, covering approximately 93% of the U.S. population.
- The index has a base year of 2015, meaning prices in that year are set to an index value of 100.
- The CPI is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Monthly' trend measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a crucial indicator of inflation and purchasing power, providing valuable insights for consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The CPI is a key input for the Federal Reserve's monetary policy decisions, as it helps assess the overall level of inflation in the economy.
Q: Are there update delays or limitations?
A: The CPI data is released monthly with a relatively short delay, providing timely information on price trends.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CCUSMA02LUM661N), retrieved from FRED.