Growth Rate Previous Period, Annual
CPALTT01G7A657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
-60.00%
Date Range
1/1/1971 - 1/1/2016
Summary
The 'Growth Rate Previous Period, Annual' trend measures the year-over-year change in a key consumer price index, providing insights into broader price inflation.
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 economic indicator tracks the annual percent change in the Consumer Price Index for All Urban Consumers (CPI-U) in the U.S., a widely followed measure of consumer inflation. It is a critical metric for policymakers, analysts, and consumers in understanding price dynamics and cost-of-living pressures.
Methodology
The CPI-U data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Historical Context
The annual CPI growth rate is a key input for Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The CPI-U covers about 93% of the total U.S. population.
- The Federal Reserve targets an annual inflation rate of 2% for price stability.
- Rapid inflation can erode consumer purchasing power and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the Consumer Price Index for All Urban Consumers (CPI-U), a key gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The annual CPI growth rate is a critical indicator for understanding broader price dynamics and cost-of-living pressures, making it highly relevant for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The CPI-U data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The annual CPI growth rate is a key input for Federal Reserve monetary policy decisions and is closely watched by financial markets as an indicator of inflationary pressures.
Q: Are there update delays or limitations?
A: The CPI-U data is published monthly with a short lag, providing timely information on consumer price trends.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for G7
G7LRHU24TTSTM
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for G7
G7LFAC24TTSTQ
Balance of Payments: Financial Account: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FATD01CXCUQ
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for G7
G7SLRTCR03IXOBSAM
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7
G7LFUN24FESTSAQ
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for G7
G7LCEAMN01IXOBSAQ
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual (CPALTT01G7A657N), retrieved from FRED.