Consumer Price Index: Clothing and Footwear (COICOP 03): Total for India
Index source base, Monthly
INDCP030000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.30
Year-over-Year Change
1.80%
Date Range
1/1/2013 - 5/1/2019
Summary
The Index Source Base, Monthly measures the volume of production for a specific industry or sector, providing insights into economic activity and industrial trends.
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 serves as a key indicator of industrial production, reflecting the physical output of the manufacturing, mining, and electric and gas utility sectors. It is widely used by economists, policymakers, and analysts to assess the health and direction of the overall economy.
Methodology
The data is collected through surveys of industrial establishments and calculated based on production volumes.
Historical Context
The Index Source Base, Monthly is a crucial input for monitoring economic conditions and informing policy decisions.
Key Facts
- The index has a base year of 2017 = 100.
- It covers a broad range of industrial sectors, including manufacturing, mining, and utilities.
- The index is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base, Monthly measures the volume of industrial production, providing insights into the overall level of economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and direction of the U.S. economy, as it reflects the physical output of major industrial sectors. It is widely used by economists, policymakers, and market analysts to assess economic conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated based on production volumes.
Q: How is this trend used in economic policy?
A: The Index Source Base, Monthly is a crucial input for monitoring economic conditions and informing policy decisions, as it provides insights into the overall level of industrial activity and the health of the broader economy.
Q: Are there update delays or limitations?
A: The Index Source Base, Monthly data is released on a monthly basis by the U.S. Federal Reserve, with a typical delay of a few weeks following the end of the reporting period.
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Citation
U.S. Federal Reserve, Index Source Base, Monthly (INDCP030000IXNBM), retrieved from FRED.