Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal

Growth rate same period previous year, Quarterly

CPALTT01PTQ659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.26

Year-over-Year Change

-47.42%

Date Range

1/1/1956 - 1/1/2025

Summary

This economic trend measures the year-over-year growth rate in the Consumer Price Index (CPI) for the U.S. on a quarterly basis. It provides insight into the pace of inflation in the broader 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 same period previous year, Quarterly trend tracks changes in the CPI, a key indicator of consumer price inflation. Economists and policymakers closely monitor this data to assess the overall state of the economy and inform monetary policy decisions.

Methodology

The CPI data is collected through surveys of prices paid by urban consumers for a representative basket of goods and services.

Historical Context

Trends in consumer prices are a critical input for the Federal Reserve's efforts to maintain stable inflation.

Key Facts

  • The CPI is a widely-used measure of inflation.
  • Quarterly CPI growth reflects changes in consumer purchasing power.
  • The Federal Reserve targets 2% annual inflation.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year growth rate in the Consumer Price Index (CPI) on a quarterly basis, providing insight into the pace of inflation in the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: Trends in consumer prices are a critical input for the Federal Reserve's efforts to maintain stable inflation, making this data highly relevant for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The CPI data is collected through surveys of prices paid by urban consumers for a representative basket of goods and services.

Q: How is this trend used in economic policy?

A: The Federal Reserve closely monitors CPI growth to inform its monetary policy decisions, as maintaining stable inflation is a key part of its dual mandate.

Q: Are there update delays or limitations?

A: The CPI data is released monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around two weeks.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CPALTT01PTQ659N), retrieved from FRED.