Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Czechia
Quarterly
CZECP010000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.10
Year-over-Year Change
24.02%
Date Range
1/1/1994 - 1/1/2025
Summary
The Quarterly Index of Multifactor Productivity for the Total Economy measures changes in the efficiency of labor and capital inputs used in production across the U.S. 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 Index of Multifactor Productivity tracks the combined efficiency of labor and capital used in the production of goods and services. This metric is widely used by economists to analyze trends in economic growth and inform policymaking.
Methodology
The index is calculated by the U.S. Bureau of Labor Statistics based on data from national economic accounts.
Historical Context
This productivity measure is a key input for understanding the drivers of economic expansion and evaluating the effectiveness of policy interventions.
Key Facts
- The index has a base year of 2012 = 100.
- Productivity growth is a key determinant of long-term economic expansion.
- The index is released quarterly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Index of Multifactor Productivity measures the combined efficiency of labor and capital inputs used in the production of goods and services across the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric is widely used by economists and policymakers to analyze drivers of economic growth and evaluate the effectiveness of policy interventions.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Labor Statistics based on data from national economic accounts.
Q: How is this trend used in economic policy?
A: The multifactor productivity index provides insights into the sources of economic expansion, which informs policy decisions aimed at promoting long-term growth.
Q: Are there update delays or limitations?
A: The index is released quarterly by the Bureau of Labor Statistics, with a lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Index of Multifactor Productivity for the Total Economy (CZECP010000IXOBQ), retrieved from FRED.