Claims on Private Sector for Guinea
Percent Change From Preceding Period
GINFDSAOPPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.66
Year-over-Year Change
-715.96%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Percent Change From Preceding Period' trend measures the quarter-over-quarter percent change in the price index for personal consumption expenditures, a key gauge of 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
This data series tracks changes in consumer prices, a crucial economic indicator used by policymakers and analysts to monitor the overall price level and evaluate the effectiveness of monetary policy.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
The Federal Reserve closely monitors this inflation metric when setting interest rates and evaluating the health of the economy.
Key Facts
- The PCE price index is the Fed's preferred inflation measure.
- Quarterly percent changes are reported as annualized rates.
- The trend has averaged around 2% historically, the Fed's inflation target.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in the price index for personal consumption expenditures, a key gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: The PCE price index is a crucial economic indicator used by policymakers and analysts to monitor the overall price level and evaluate the effectiveness of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors this inflation metric when setting interest rates and evaluating the health of the economy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Bureau of Economic Analysis with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Percent Change From Preceding Period (GINFDSAOPPCPPPT), retrieved from FRED.