Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Luxembourg
Contribution to growth rate, over 1 year, Monthly
LUXCP010000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-29.81%
Date Range
1/1/2010 - 4/1/2025
Summary
This economic trend measures the monthly contribution to the growth rate of the total Consumer Price Index over a one-year period. It provides insight into the drivers of broader inflation 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
The contribution to growth rate, over 1 year, monthly statistic decomposes the annual change in the Consumer Price Index into the specific contributions from different components. This allows for a more granular understanding of the sources of inflationary pressures.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics as part of its Consumer Price Index program.
Historical Context
This indicator is closely monitored by policymakers, economists, and market analysts to assess and forecast broader inflation dynamics.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- It covers the total Consumer Price Index, not just specific components.
- The one-year growth rate provides a longer-term perspective on inflationary trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly contribution to the growth rate of the total Consumer Price Index over a one-year period. It breaks down the annual change in inflation into the specific contributions from different components.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the underlying drivers of broader inflation, allowing for a more nuanced understanding of price dynamics. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics as part of its regular Consumer Price Index program.
Q: How is this trend used in economic policy?
A: The contribution to growth rate, over 1 year, monthly statistic is used by the Federal Reserve and other policymakers to assess inflationary pressures and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year, Monthly (LUXCP010000CTGYM), retrieved from FRED.