Labor Compensation: Earnings: Private Sector: Monthly for Czech Republic
Index 2015=100, Annual, Not Seasonally Adjusted
LCEAPR03CZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.63
Year-over-Year Change
68.93%
Date Range
1/1/1998 - 1/1/2022
Summary
The 'Index 2015=100, Annual, Not Seasonally Adjusted' trend measures the level of consumer prices in the United States, providing key insights into inflation and cost-of-living 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 economic indicator tracks the average change in prices paid by consumers for a basket of goods and services, serving as a widely-used gauge of inflationary pressures. It is a critical metric for policymakers, businesses, and households in understanding broader economic conditions.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This index is a primary input for the Federal Reserve's monetary policy decisions and is closely monitored by financial markets.
Key Facts
- The base year for this index is 2015.
- The index is published on an annual basis.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall level of consumer prices in the United States, providing a comprehensive gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a critical indicator for assessing the purchasing power of consumers, informing monetary policy decisions, and analyzing broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The consumer price index is a primary input for the Federal Reserve's monetary policy decisions, as it helps the central bank monitor and respond to inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: This index is published on an annual basis, with a potential delay of several months between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (LCEAPR03CZA661N), retrieved from FRED.