Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Denmark
Growth rate same period previous year, Monthly
CPALTT01DKM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.52
Year-over-Year Change
98.48%
Date Range
1/1/1967 - 4/1/2025
Summary
This economic indicator tracks the year-over-year growth rate of consumer prices on a monthly basis. It provides a key measure of inflation and cost-of-living changes that is closely monitored by policymakers.
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, monthly metric represents the percent change in consumer prices compared to the same month one year prior. This annualized inflation measure is a core statistic used to evaluate economic conditions and inform monetary policy decisions.
Methodology
The data is calculated from the monthly Consumer Price Index (CPI) published by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions closely track this inflation indicator to assess price stability and determine appropriate monetary policy actions.
Key Facts
- The metric is reported monthly by the U.S. Bureau of Labor Statistics.
- It measures the year-over-year change in consumer prices.
- Rapid inflation can erode consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year growth rate of consumer prices on a monthly basis, providing a key measure of inflation.
Q: Why is this trend relevant for users or analysts?
A: This inflation metric is closely monitored by policymakers and economists to assess price stability and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated from the monthly Consumer Price Index (CPI) published by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions track this indicator to evaluate economic conditions and determine appropriate monetary policy actions.
Q: Are there update delays or limitations?
A: The data is reported monthly with no significant update delays, providing timely insights into inflationary trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPALTT01DKM659N), retrieved from FRED.