Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for India
Index source base, Quarterly
INDCP010000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.30
Year-over-Year Change
4.40%
Date Range
1/1/2013 - 1/1/2019
Summary
The Index Source Base, Quarterly trend measures quarterly changes in a base price index for industrial commodities. It is a key indicator used by economists and policymakers to understand industrial price dynamics.
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 index tracks the overall price level of industrial raw materials and intermediate goods, providing insight into inflationary pressures and supply chain conditions. It is a widely referenced indicator for monitoring industrial production and input costs.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of commodity prices.
Historical Context
The Index Source Base, Quarterly is closely watched by the Federal Reserve and other agencies to inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2012 as the base year.
- It covers a range of raw materials and intermediate goods.
- Quarterly data is released with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base, Quarterly measures the overall price level of industrial raw materials and intermediate goods on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into industrial production costs, supply chain pressures, and inflationary trends, which are crucial for economic decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of commodity prices.
Q: How is this trend used in economic policy?
A: The Index Source Base, Quarterly is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly data is released with a 1-month lag, and the index covers a broad range of industrial commodities.
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Citation
U.S. Federal Reserve, Index Source Base, Quarterly (INDCP010000IXNBQ), retrieved from FRED.