Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Colombia
Quarterly
COLCP040200GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
1611.77%
Date Range
4/1/2009 - 7/1/2023
Summary
The Quarterly trend measures the quarterly change in consumer prices, a key indicator of inflation in the United States. It is closely watched by economists and policymakers to assess the broader economic landscape.
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 trend tracks the quarterly percentage change in the Consumer Price Index (CPI), a comprehensive measure of the average change in prices paid by consumers for a basket of goods and services. It provides insights into the inflationary pressures affecting the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly survey of consumer expenditures.
Historical Context
The Quarterly trend is a crucial input for the Federal Reserve's monetary policy decisions and is widely followed by financial markets.
Key Facts
- The Quarterly trend is reported on a seasonally adjusted basis.
- The CPI basket covers a wide range of consumer goods and services.
- The Federal Reserve targets an annual inflation rate of 2% for price stability.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly percentage change in the Consumer Price Index (CPI), a comprehensive measure of the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly trend is a key indicator of inflationary pressures in the U.S. economy and is closely watched by economists, policymakers, and financial markets to assess the broader economic landscape.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Quarterly trend is a crucial input for the Federal Reserve's monetary policy decisions, as the central bank aims to maintain price stability and achieve its inflation target.
Q: Are there update delays or limitations?
A: The Quarterly trend is reported on a seasonally adjusted basis and is typically released by the Bureau of Labor Statistics a few weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (COLCP040200GPQ), retrieved from FRED.