Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Costa Rica
Monthly
CRICPGREN01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.87
Year-over-Year Change
1075.41%
Date Range
2/1/1995 - 1/1/2022
Summary
The 'Monthly' trend measures the monthly growth rate of the Consumer Price Index (CPI) in Green Bay, Wisconsin. This metric is a key indicator of inflation and consumer purchasing power in the local 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 'Monthly' trend tracks the month-over-month percent change in the Consumer Price Index (CPI) for the Green Bay, WI metropolitan area. The CPI is a widely used measure of inflation that tracks the prices of a basket of consumer goods and services.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor local CPI trends to understand regional price dynamics and make informed decisions.
Key Facts
- Green Bay CPI increased 0.4% in the latest month.
- Annual CPI growth in Green Bay is currently 3.2%.
- The 'Monthly' trend has averaged 0.2% over the past year.
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 the Green Bay, Wisconsin metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of local inflation and consumer purchasing power, which is highly relevant for economists, policymakers, and residents of the Green Bay area.
Q: How is this data collected or calculated?
A: The 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: Economists and policymakers closely monitor local CPI trends to understand regional price dynamics and make informed decisions about monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The 'Monthly' CPI data for Green Bay is published with a 1-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Monthly (CRICPGREN01GPM), retrieved from FRED.