Index 2010=1, Annual
CPALTT01O1A661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.11
Year-over-Year Change
26.58%
Date Range
1/1/1970 - 1/1/2016
Summary
The 'Index 2010=1, Annual' measures the overall level of consumer prices in the United States on an annual basis, with the year 2010 as the base year.
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 index tracks the annual changes in the prices of a representative basket of consumer goods and services purchased by U.S. households. It is a key indicator of inflation and an important statistic for economic analysis and policymaking.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
The consumer price index is widely used by economists, governments, and the public to assess the overall cost of living and to guide monetary and fiscal policies.
Key Facts
- The index is set to a base year of 2010 = 1.
- It measures the average change in prices paid by consumers for a basket of goods and services.
- The index is used to adjust for the effects of inflation on economic data and purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall level of consumer prices in the United States on an annual basis, with 2010 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a key indicator of inflation and an important statistic for economic analysis and policymaking, as it helps assess the overall cost of living and guide monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The consumer price index is widely used by economists, governments, and the public to assess the overall cost of living and to guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual consumer price index data is typically published with a short delay to allow for comprehensive data collection and analysis.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for OECD
OECDCP010000GYQ
International Merchandise Trade Statistics: Imports: Commodities for OECD
OECDXTIMVA01CXMLSAQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for OECD
OECDLFAC24FESTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for OECD
OECDLFHUTTMASTSAM
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total
OECDNAEXKP01GPSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD
OECDLFHUTTTTSTM
Citation
U.S. Federal Reserve, Index 2010=1, Annual (CPALTT01O1A661N), retrieved from FRED.