Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Colombia
Index 2015=100, Quarterly
COLPIEAMI02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
251.73
Year-over-Year Change
63.72%
Date Range
1/1/1990 - 10/1/2022
Summary
The Index 2015=100, Quarterly series measures changes in the cost of living over time, providing a broad indicator of inflation and price dynamics in the U.S. economy.
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 measures the price changes of a representative basket of consumer goods and services, serving as a key economic indicator for policymakers, analysts, and consumers.
Methodology
The data is collected through household surveys and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The index is widely used to inform monetary policy decisions and assess the overall health of the economy.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index is published quarterly by the U.S. Bureau of Labor Statistics.
- It covers a broad range of consumer goods and services, including food, housing, transportation, and healthcare.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures changes in the prices of a representative basket of consumer goods and services, providing a broad indicator of inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial economic indicator that helps policymakers, analysts, and consumers understand changes in the cost of living and make informed decisions about monetary policy, household budgets, and market trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is widely used by the Federal Reserve and other policymakers to inform monetary policy decisions and assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a typical delay of about one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (COLPIEAMI02IXOBQ), retrieved from FRED.