Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Costa Rica
Quarterly
CRICP040300GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.01
Year-over-Year Change
-38.55%
Date Range
10/1/2006 - 10/1/2021
Summary
The Quarterly trend measures the quarter-over-quarter percent change in the Personal Consumption Expenditures (PCE) Price Index, a key indicator of U.S. consumer inflation.
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 trend tracks the quarterly percent change in the PCE Price Index, which is the Federal Reserve's preferred measure of inflation. This statistic is closely watched by policymakers, analysts, and economists as a barometer of consumer price pressures.
Methodology
The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly PCE Price Index release.
Historical Context
The Quarterly trend provides important context for the Federal Reserve's monetary policy decisions.
Key Facts
- Quarterly PCE price growth averaged 0.6% from 1960-2022.
- Quarterly PCE growth reached a high of 2.4% in Q2 2022.
- The Federal Reserve targets 2% annual PCE inflation.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarter-over-quarter percent change in the Personal Consumption Expenditures (PCE) Price Index, a key indicator of U.S. consumer inflation.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly PCE trend is closely watched by policymakers, analysts, and economists as a barometer of consumer price pressures and a key input for Federal Reserve monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Economic Analysis' quarterly PCE Price Index release.
Q: How is this trend used in economic policy?
A: The Quarterly PCE trend provides important context for the Federal Reserve's monetary policy decisions, as it is the central bank's preferred measure of inflation.
Q: Are there update delays or limitations?
A: The Quarterly PCE data is released by the Bureau of Economic Analysis on a regular quarterly schedule, with a typical release lag of about one month.
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Citation
U.S. Federal Reserve, Quarterly (CRICP040300GPQ), retrieved from FRED.