Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Colombia
Index 2015=100
COLCP070000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.60
Year-over-Year Change
35.72%
Date Range
1/1/2009 - 1/1/2025
Summary
The Index 2015=100 measures price changes over time for consumer goods and services in the United States. It is a key economic indicator tracked by policymakers and analysts.
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 is a price index that tracks the average change in prices paid by consumers for a basket of consumer goods and services. It provides a broad measure of inflation and is used to adjust other economic data for the effects of price changes.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
The Index 2015=100 is used by the Federal Reserve and other policymakers to inform monetary policy decisions.
Key Facts
- The index is set to a base year of 2015, with a value of 100.
- It covers a representative basket of over 200 consumer items.
- The index is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the average change in prices paid by consumers for a basket of goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of inflation and is used by policymakers, economists, and investors to track changes in the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is used by the Federal Reserve and other policymakers to inform monetary policy decisions aimed at maintaining stable prices and economic growth.
Q: Are there update delays or limitations?
A: The index is released monthly with a short delay, and it covers a representative but not exhaustive basket of consumer goods and services.
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Citation
U.S. Federal Reserve, Index 2015=100 (COLCP070000IXOBQ), retrieved from FRED.