Producer Prices Index: Economic Activities: Manufacturing: Domestic for Colombia
Index 2015=100, Monthly
COLPIEAMP02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.54
Year-over-Year Change
15.73%
Date Range
1/1/1990 - 12/1/2022
Summary
The Consumer Price Index for All Urban Consumers: All Items in U.S. City Average, Index 2015=100, Monthly measures the average change in prices paid by urban consumers for a basket of consumer goods and services.
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 monthly index is a key indicator of inflation and the purchasing power of the U.S. dollar. It is closely watched by policymakers, analysts, and consumers to assess price stability and cost-of-living changes.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Historical Context
The CPI index is used by government, businesses, and individuals to adjust prices, wages, and government benefits.
Key Facts
- The CPI is calculated monthly by the U.S. Bureau of Labor Statistics.
- The index has a base year of 2015, with a value of 100.
- The CPI is a widely used measure of economy-wide inflation.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for All Urban Consumers: All Items in U.S. City Average, Index 2015=100, Monthly measures the average change in prices paid by urban consumers for a basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and the purchasing power of the U.S. dollar, making it closely watched by policymakers, analysts, and consumers to assess price stability and cost-of-living changes.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: The CPI index is used by government, businesses, and individuals to adjust prices, wages, and government benefits.
Q: Are there update delays or limitations?
A: The CPI data is released monthly by the U.S. Bureau of Labor Statistics with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: All Items in U.S. City Average, Index 2015=100, Monthly (COLPIEAMP02IXOBM), retrieved from FRED.