Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Costa Rica
Quarterly
CRICP040000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.28
Year-over-Year Change
124.58%
Date Range
4/1/1995 - 10/1/2021
Summary
The Quarterly GDP Price Index measures the change in prices of all goods and services that comprise the U.S. Gross Domestic Product. It is a key indicator of overall price inflation in the 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 Quarterly GDP Price Index tracks the average change in prices of domestic final goods and services produced in the United States. It is a comprehensive measure of price inflation that reflects both consumer and investment spending.
Methodology
The index is calculated by the U.S. Bureau of Economic Analysis based on data from the national accounts.
Historical Context
The GDP Price Index is closely monitored by the Federal Reserve and other policymakers for insights into the overall pace of inflation in the economy.
Key Facts
- The index has a base year of 2012 = 100.
- Quarterly GDP Price Index reached a record high of 114.7 in Q3 2022.
- The index fell to 92.5 during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly GDP Price Index measures the change in prices of all goods and services that make up the U.S. Gross Domestic Product.
Q: Why is this trend relevant for users or analysts?
A: The GDP Price Index is a comprehensive measure of overall price inflation in the economy, making it a key indicator monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Economic Analysis based on data from the national accounts.
Q: How is this trend used in economic policy?
A: The GDP Price Index is closely watched by the Federal Reserve and other policymakers to assess the overall pace of inflation and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The GDP Price Index is released quarterly, with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly GDP Price Index (CRICP040000GPQ), retrieved from FRED.