Consumer Price Index: Housing for Ireland
Annual
IRLCPIHOUAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.09
Year-over-Year Change
36.04%
Date Range
1/1/1990 - 1/1/2017
Summary
The Annual Inflation Rate for All Items Consumer Price Index (CPI) measures the change in prices for a basket of consumer goods and services in the United States over a 12-month period.
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 key economic indicator provides insights into the overall pace of inflation, which is a critical factor in assessing the health of the economy and informing monetary policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on the CPI, a monthly survey of consumer expenditures.
Historical Context
The Federal Reserve closely monitors the annual inflation rate as part of its dual mandate to maintain price stability and full employment.
Key Facts
- The U.S. Federal Reserve targets an annual inflation rate of 2%.
- Inflation erodes the purchasing power of consumers and affects interest rates.
- High inflation can lead to higher costs of living and slower economic growth.
FAQs
Q: What does this economic trend measure?
A: The Annual Inflation Rate for All Items Consumer Price Index (CPI) measures the change in prices for a basket of consumer goods and services in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into the overall pace of inflation, which is a critical factor in assessing the health of the economy and informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on the CPI, a monthly survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the annual inflation rate as part of its dual mandate to maintain price stability and full employment.
Q: Are there update delays or limitations?
A: The annual inflation rate data is released monthly by the U.S. Bureau of Labor Statistics with a typical delay of around two weeks.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Ireland
LRUN25FEIEA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Ireland
IRLCPHP0400IXOBM
Labor Compensation: Earnings: Manufacturing: Hourly for Ireland
LCEAMN01IEQ657S
Consumer Price Index: Food for Ireland
IRLCPIFODMINMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Ireland
CPGRLE01IEM659N
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Ireland
CPGREN01IEA657N
Citation
U.S. Federal Reserve, Annual Inflation Rate for All Items Consumer Price Index (IRLCPIHOUAINMEI), retrieved from FRED.