Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Colombia
Growth rate same period previous year, Monthly
COLCPGREN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.64
Year-over-Year Change
-83.36%
Date Range
1/1/1996 - 4/1/2025
Summary
The growth rate same period previous year, monthly indicator measures the year-over-year percent change in consumer prices, providing insight into inflation dynamics 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
This economic indicator tracks the annual rate of change in the Consumer Price Index (CPI), a key measure of inflation. It is used by policymakers, analysts, and consumers to assess changes in the overall cost of living over time.
Methodology
The data is calculated based on the monthly CPI published by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring this inflation metric helps inform monetary policy decisions and consumer spending behavior.
Key Facts
- The CPI covers a broad basket of consumer goods and services.
- Year-over-year inflation reached a high of 9.1% in June 2022.
- The Federal Reserve aims to maintain 2% average annual inflation.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in the Consumer Price Index (CPI), a key measure of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring changes in consumer prices is crucial for assessing the overall cost of living, guiding monetary policy, and understanding consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is calculated based on the monthly CPI published by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This inflation metric helps inform monetary policy decisions by the Federal Reserve and is closely watched by economists, investors, and policymakers.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (COLCPGREN01GYM), retrieved from FRED.