International Merchandise Trade Statistics: Imports: Commodities for Colombia
Growth rate same period previous year, Monthly, Seasonally Adjusted
COLXTIMVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.61
Year-over-Year Change
622.88%
Date Range
1/1/1991 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate of the Consumer Price Index, a key indicator of inflation. It provides valuable insights for policymakers and analysts monitoring price stability.
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
The growth rate same period previous year, seasonally adjusted, tracks changes in the CPI compared to the same month in the prior year. This metric is widely used to assess the pace of inflation and evaluate the effectiveness of monetary policy.
Methodology
The U.S. Bureau of Labor Statistics collects price data from households and businesses to calculate the Consumer Price Index.
Historical Context
Central banks and government agencies rely on this inflation gauge to inform policy decisions and market assessments.
Key Facts
- The CPI growth rate hit a 40-year high of 9.1% in June 2022.
- The Federal Reserve targets an annual inflation rate of 2% over the long run.
- Rapid inflation can erode consumer purchasing power and confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the Consumer Price Index (CPI), a key indicator of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The CPI growth rate is widely monitored by policymakers, economists, and investors to assess the pace of inflation and evaluate the effectiveness of monetary policy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data from households and businesses to calculate the Consumer Price Index, the basis for this inflation growth metric.
Q: How is this trend used in economic policy?
A: Central banks and government agencies rely on this inflation gauge to inform policy decisions and market assessments, as they seek to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The CPI growth rate data is published monthly by the U.S. Bureau of Labor Statistics, with a typical 2-week lag from the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (COLXTIMVA01GYSAM), retrieved from FRED.