Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Colombia
Index source base, Monthly
COLCP040500IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.62
Year-over-Year Change
12.99%
Date Range
12/1/2008 - 11/1/2023
Summary
The Index source base, Monthly tracks changes in the price level of consumer purchases for a representative basket of goods and services. This broad indicator provides insight into overall inflation trends and consumer purchasing power.
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 source base, Monthly is a price index that measures the average change in prices paid by consumers for a market basket of consumer goods and services. It is a key economic indicator used to assess and monitor the rate of inflation in the United States.
Methodology
The data is collected through surveys of households and businesses and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Index source base, Monthly is closely watched by policymakers, economists, and investors to gauge the overall health of the economy and inform monetary and fiscal policy decisions.
Key Facts
- The Index source base, Monthly is published monthly by the U.S. Bureau of Labor Statistics.
- The index has a base year of 2018 = 100.
- It covers a representative basket of consumer goods and services across various categories.
FAQs
Q: What does the Index source base, Monthly measure?
A: The Index source base, Monthly measures the average change in prices paid by consumers for a representative basket of consumer goods and services.
Q: Why is the Index source base, Monthly relevant for users or analysts?
A: The Index source base, Monthly is a key economic indicator used to assess and monitor the overall rate of inflation in the United States, which is crucial for policymakers, economists, and investors.
Q: How is the Index source base, Monthly data collected or calculated?
A: The data is collected through surveys of households and businesses and calculated by the U.S. Bureau of Labor Statistics.
Q: How is the Index source base, Monthly trend used in economic policy?
A: The Index source base, Monthly is closely watched by policymakers, economists, and investors to gauge the overall health of the economy and inform monetary and fiscal policy decisions.
Q: Are there any update delays or limitations for the Index source base, Monthly?
A: The Index source base, Monthly is published monthly by the U.S. Bureau of Labor Statistics, with minimal update delays.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Colombia
COLCP110000GYQ
Number of Identified Exporters to Colombia from Alaska
AKCOLA475SCEN
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Colombia
COLNAEXKP02STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Colombia
COLCP040000GYQ
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Colombia
COLLFEMTTFESTM
Value of Exports to Colombia from District of Columbia
DCCOLA052SCEN
Citation
U.S. Federal Reserve, Index source base, Monthly (COLCP040500IXNBM), retrieved from FRED.