Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal
Growth rate same period previous year, Monthly
CPALTT01PTM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
-4.99%
Date Range
1/1/1956 - 4/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in consumer prices. This metric is a key indicator of inflation and is closely monitored by economists and 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
This economic indicator tracks the annualized percent change in the Consumer Price Index (CPI) from the same month in the previous year. It provides insight into the pace of price changes over time, which is essential for assessing the overall state of the economy and informing monetary policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on its monthly CPI survey.
Historical Context
Central banks and governments use this inflation measure to guide policies aimed at maintaining price stability and economic growth.
Key Facts
- The CPI covers a broad basket of consumer goods and services.
- Inflation above the Federal Reserve's 2% target can prompt interest rate hikes.
- Year-over-year inflation has ranged from -0.1% to 9.1% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in the Consumer Price Index (CPI), which is a measure of inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The inflation rate is a critical economic indicator that informs monetary policy decisions and affects consumer purchasing power, making it highly relevant for policymakers, investors, and the general public.
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 survey of consumer prices.
Q: How is this trend used in economic policy?
A: Central banks, like the Federal Reserve, use this inflation measure to guide monetary policy decisions, such as adjusting interest rates, in order to maintain price stability and promote sustainable economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical lag of about two weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPALTT01PTM659N), retrieved from FRED.