Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Estonia
Index 2015=100
ESTCPHP1100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.85
Year-over-Year Change
4.99%
Date Range
1/1/1996 - 3/1/2025
Summary
The Index 2015=100 measures changes in the price level of consumer products and services relative to the base year of 2015. It is a key indicator of inflation and consumer purchasing power.
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 is a price index that tracks the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is a widely-used metric for assessing the overall cost of living and general inflationary trends in the U.S. economy.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The Index 2015=100 is closely monitored by policymakers, economists, and financial markets to gauge the effectiveness of monetary and fiscal policies.
Key Facts
- The base year for the Index 2015=100 is 2015, with a value of 100.
- The index has increased by over 20% since 2015, indicating rising consumer prices.
- The Federal Reserve uses the Index 2015=100 to help set monetary policy and manage inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the average price level of a basket of consumer goods and services compared to the base year of 2015.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a key indicator of inflation and consumer purchasing power, making it highly relevant for policymakers, economists, and financial market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is closely monitored by the Federal Reserve and other policymakers to help set monetary policy and manage inflation in the broader economy.
Q: Are there update delays or limitations?
A: The Index 2015=100 is published monthly with a lag of approximately two weeks, providing timely data on consumer price trends.
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Citation
U.S. Federal Reserve, Index 2015=100 (ESTCPHP1100IXOBM), retrieved from FRED.