Growth Rate Previous Period, Quarterly
CPALTT01G7Q657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.30
Year-over-Year Change
200.00%
Date Range
4/1/1970 - 7/1/2017
Summary
The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter percentage change in the consumer price index (CPI), a key indicator of inflation in the United States. This data point is crucial for policymakers and economists to monitor price stability and the broader health of the U.S. economy.
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 Previous Period, Quarterly metric tracks the inflation rate by measuring the percent change in consumer prices compared to the prior quarter. This statistic is used to analyze inflationary pressures, consumer spending patterns, and the efficacy of monetary policy actions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on its monthly CPI surveys.
Historical Context
The Federal Reserve closely monitors this inflation measure when setting interest rates and formulating monetary policy.
Key Facts
- The CPI measures the average change in prices paid by consumers for a basket of goods and services.
- Quarterly inflation data is released by the Bureau of Labor Statistics on a monthly basis.
- The Federal Reserve aims to maintain an average annual inflation rate of 2% to support price stability.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter percentage change in 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: This inflation data is crucial for policymakers and economists to monitor price stability and the broader health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on its monthly CPI surveys.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors this inflation measure when setting interest rates and formulating monetary policy.
Q: Are there update delays or limitations?
A: Quarterly inflation data is released by the Bureau of Labor Statistics on a monthly basis, with a brief lag.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPALTT01G7Q657N), retrieved from FRED.