Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Costa Rica
Index 2015=100, Monthly
CRICPGRGO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.57
Year-over-Year Change
5.03%
Date Range
1/1/1995 - 12/1/2021
Summary
The Index 2015=100, Monthly measures changes in the Global Retail Composite Price Index, a key indicator of global consumer price trends. This index is closely watched by economists and policymakers to assess inflationary pressures and consumer demand.
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 Index 2015=100, Monthly tracks the monthly changes in a global composite basket of retail prices, with the base year set to 2015. This index provides a broad measure of international consumer price inflation and is a valuable tool for analyzing global economic conditions and assessing the efficacy of monetary and fiscal policies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on retail price surveys across a range of countries.
Historical Context
This index is widely used by central banks, government agencies, and market analysts to monitor global inflation trends and inform policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index measures price changes across a basket of retail goods globally.
- This index is a key indicator of worldwide inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures changes in a global composite of retail prices, providing a broad indicator of international consumer price inflation.
Q: Why is this trend relevant for users or analysts?
A: This index is closely watched by economists and policymakers to assess global inflationary pressures and consumer demand, which informs monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on retail price surveys across a range of countries.
Q: How is this trend used in economic policy?
A: Central banks, government agencies, and market analysts use this index to monitor global inflation trends and inform policy decisions related to monetary policy, trade, and consumer markets.
Q: Are there update delays or limitations?
A: The index is published monthly, with some potential for short delays in data availability.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CRICPGRGO01IXOBM), retrieved from FRED.