Consumer Price Index: All Items: Total for Sweden
Monthly
CPALTT01SEM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.12
Year-over-Year Change
-78.84%
Date Range
2/1/1955 - 3/1/2024
Summary
The Monthly trend measures the monthly change in the Consumer Price Index for all urban consumers in the Midwest region of the United States. This metric is a key indicator of inflation and consumer purchasing power.
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 Monthly trend tracks the month-over-month percent change in the Midwest CPI, which represents the average change in prices paid by urban consumers in the Midwest for a basket of consumer goods and services. This data is widely used by economists, policymakers, and market analysts to assess regional inflationary pressures.
Methodology
The CPI data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
The Monthly Midwest CPI trend is a critical input for the Federal Reserve's monetary policy decisions and serves as a barometer for the overall health of the regional economy.
Key Facts
- The Midwest region includes 12 states, from Ohio to the Dakotas.
- The base year for the Midwest CPI is 1982-84 = 100.
- The CPI is calculated using a sample of 23,000 retail and service establishments.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the month-over-month percent change in the Consumer Price Index (CPI) for urban consumers in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Midwest CPI is a key indicator of regional inflationary pressures and consumer purchasing power, and is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The CPI 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 Monthly Midwest CPI trend is a critical input for the Federal Reserve's monetary policy decisions and serves as a barometer for the overall health of the regional economy.
Q: Are there update delays or limitations?
A: The Midwest CPI data is published monthly by the Bureau of Labor Statistics, with a typical 2-week lag from the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly (CPALTT01SEM657N), retrieved from FRED.