Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Colombia
Index 2015=100, Monthly
COLCPGREN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
221.92
Year-over-Year Change
3.64%
Date Range
1/1/1995 - 4/1/2025
Summary
The 'Index 2015=100, Monthly' measures the monthly changes in the cost of a market basket of consumer goods and services, providing a key indicator of inflation 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 index, a measure of the Consumer Price Index (CPI), tracks the average change in prices paid by urban consumers for a fixed market basket of goods and services over time. It is a widely used metric for gauging overall price levels and inflation trends in the broader economy.
Methodology
The data is collected through surveys of consumer expenditures and price information by the U.S. Bureau of Labor Statistics.
Historical Context
The CPI index is a crucial economic indicator used by policymakers, analysts, and consumers to understand the impact of inflation on household budgets and guide monetary policy decisions.
Key Facts
- The base year for this index is 2015, with a value of 100.
- It covers a representative basket of consumer goods and services.
- The index is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices paid by urban consumers for a fixed basket of goods and services, providing a key indicator of inflation in the broader economy.
Q: Why is this trend relevant for users or analysts?
A: The CPI index is a crucial economic indicator used by policymakers, analysts, and consumers to understand the impact of inflation on household budgets and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and price information by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The CPI index is a key input for the Federal Reserve's monetary policy decisions, as they aim to maintain stable prices and moderate inflation.
Q: Are there update delays or limitations?
A: The CPI index is released monthly by the U.S. Bureau of Labor Statistics, with a slight delay in reporting to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (COLCPGREN01IXOBM), retrieved from FRED.