Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Germany
Growth rate same period previous year, Annual, Not Seasonally Adjusted
CPALTT01DEA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.26
Year-over-Year Change
12.35%
Date Range
1/1/1956 - 1/1/2024
Summary
This economic trend measures the annual growth rate of consumer prices, unadjusted for seasonal variations. It is a key indicator of inflation and purchasing power trends in the United States.
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, annual, not seasonally adjusted metric tracks the year-over-year change in the consumer price index (CPI), which reflects the prices paid by urban consumers for a representative basket of goods and services. This indicator is closely monitored by policymakers, economists, and investors to assess the overall state of the economy.
Methodology
The data is collected through surveys of consumer expenditures and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This inflation measure is used to inform monetary policy decisions and market analysis.
Key Facts
- The annual CPI growth rate averaged 2.3% from 2010-2019.
- Rapid inflation can erode consumer purchasing power.
- The Federal Reserve targets an annual inflation rate of around 2%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the consumer price index (CPI), providing an indicator of the rate of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The CPI growth rate is a key metric used by policymakers, economists, and investors to assess the overall state of the economy and guide decisions on monetary policy, consumer spending, and investment strategies.
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 closely monitors the CPI growth rate as a primary indicator of inflation when making monetary policy decisions to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The CPI growth rate data is published monthly with a short lag, providing timely information on inflation trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual, Not Seasonally Adjusted (CPALTT01DEA659N), retrieved from FRED.