Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing for Colombia
Index 2015=100, Monthly
COLCPGRLH01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.32
Year-over-Year Change
6.94%
Date Range
1/1/1999 - 4/1/2025
Summary
The Index 2015=100, Monthly measures the level of consumer prices in the United States on a monthly basis. This key economic indicator is crucial for understanding inflation trends and informing monetary policy decisions.
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 tracks changes in the prices of a basket of consumer goods and services, providing a comprehensive measure of overall price levels in the U.S. economy. The Index 2015=100 sets the base year to 2015, with that year's value represented as 100.
Methodology
The data is collected through surveys of consumer expenditures and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this index to assess inflationary pressures and guide decisions on interest rates and other economic interventions.
Key Facts
- The base year for this index is 2015.
- It measures changes in the prices of a representative basket of consumer goods and services.
- The index is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the overall level of consumer prices in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of inflation, providing essential information for policymakers, economists, and market participants to assess the health of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this index to evaluate inflationary pressures and guide decisions on interest rates and other economic interventions.
Q: Are there update delays or limitations?
A: The Index 2015=100, Monthly is published by the U.S. Bureau of Labor Statistics with a typical lag of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (COLCPGRLH01IXOBM), retrieved from FRED.