Labor Compensation: Earnings: Private Sector: Hourly for Sweden
Index 2015=100, Annual, Not Seasonally Adjusted
LCEAPR01SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.15
Year-over-Year Change
29.63%
Date Range
1/1/1994 - 1/1/2022
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted metric tracks the annual change in consumer prices for all items in the United States. This key economic indicator provides insights into the overall rate of inflation faced by American households.
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 measures the average change in prices paid by consumers for a basket of goods and services, including food, housing, transportation, and other expenditures. It is a widely used gauge of inflationary pressures in the U.S. economy and a critical input for policymakers at the Federal Reserve.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of consumer spending and prices.
Historical Context
Policymakers and market analysts closely monitor this index to assess the effectiveness of monetary policy and make informed decisions.
Key Facts
- The base year for this index is 2015.
- The index reached a high of 118.3 in 2022.
- Rapid inflation has been a key economic challenge in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices paid by consumers for a basket of goods and services in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a critical economic indicator that provides insights into the overall rate of inflation faced by American households, which is a key concern for policymakers and market participants.
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 consumer spending and prices.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve closely monitor this index to assess the effectiveness of monetary policy and make informed decisions about interest rates and other economic interventions.
Q: Are there update delays or limitations?
A: The index is published monthly with a short delay, and the data is not seasonally adjusted, which should be considered when analyzing the trends.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (LCEAPR01SEA661N), retrieved from FRED.