Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Colombia
Quarterly
COLCP040100GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.78
Year-over-Year Change
3367.55%
Date Range
4/1/2009 - 7/1/2023
Summary
The Quarterly GDP Price Index (COLCP040100GPQ) measures the change in prices of goods and services produced in the United States. It is a key indicator of overall price inflation and a core component of economic 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 Quarterly GDP Price Index is a measure of the prices of all final goods and services produced in the U.S. economy. It is one of the primary indicators used by the Federal Reserve and policymakers to gauge inflationary pressures and make monetary policy decisions.
Methodology
The index is calculated based on price data collected for the components of gross domestic product.
Historical Context
This index is closely watched by economists, investors, and policymakers as a barometer of overall price changes in the economy.
Key Facts
- The index is published quarterly by the U.S. Bureau of Economic Analysis.
- The index uses 2012 as the base year, with a value of 100.
- The index helps the Federal Reserve monitor price stability and guide interest rate decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly GDP Price Index measures the change in prices of all final goods and services produced in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of overall price inflation and is closely watched by policymakers, economists, and investors to gauge economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The index is calculated based on price data collected for the components of gross domestic product.
Q: How is this trend used in economic policy?
A: The Quarterly GDP Price Index is a core component used by the Federal Reserve and policymakers to monitor price stability and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published quarterly by the U.S. Bureau of Economic Analysis, so there may be a delay of several weeks between the end of the quarter and the release of the updated index.
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Citation
U.S. Federal Reserve, Quarterly GDP Price Index (COLCP040100GPQ), retrieved from FRED.