Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Colombia

Quarterly

COLCP120000GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.97

Year-over-Year Change

97.53%

Date Range

4/1/2009 - 7/1/2023

Summary

The Quarterly Consumer Leading Credit Performance indicator measures changes in consumer credit quality and default risk. It is a key metric for economists and policymakers monitoring household financial health.

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

This quarterly index tracks consumer credit conditions, specifically the performance and quality of consumer loans. It is used to assess trends in household leverage, credit availability, and broader economic stability.

Methodology

The data is calculated by the Federal Reserve based on a survey of lenders.

Historical Context

This indicator informs decision-making on monetary policy, consumer lending regulation, and financial stability oversight.

Key Facts

  • The index is published quarterly by the Federal Reserve.
  • Higher index values indicate improved consumer credit quality.
  • The index reached a low during the 2008-2009 financial crisis.

FAQs

Q: What does this economic trend measure?

A: The Quarterly Consumer Leading Credit Performance indicator tracks changes in the quality and performance of consumer loans, providing insights into household financial health.

Q: Why is this trend relevant for users or analysts?

A: This indicator is closely watched by economists, policymakers, and market participants as it offers timely signals about consumer credit conditions and broader economic stability.

Q: How is this data collected or calculated?

A: The data is calculated by the Federal Reserve based on a survey of lenders.

Q: How is this trend used in economic policy?

A: This indicator informs decision-making on monetary policy, consumer lending regulation, and financial stability oversight.

Q: Are there update delays or limitations?

A: The index is published quarterly, with a short lag from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Quarterly (COLCP120000GPQ), retrieved from FRED.