National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Australia
Index 2015=100, Annual
NAEXKP01AUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.25
Year-over-Year Change
35.32%
Date Range
1/1/1960 - 1/1/2022
Summary
The Annual Index 2015=100 measures the average level of prices paid by consumers for a basket of goods and services, with 2015 as the base year. This key inflation indicator is closely watched by economists and policymakers.
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 Annual Index 2015=100 is a price index that tracks changes in the overall price level of consumer goods and services in the United States. It is a widely used measure of inflation and an important economic indicator for understanding changes in purchasing power and the cost of living.
Methodology
The data is collected through household surveys and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
The index is a critical input for Federal Reserve monetary policy decisions and is closely monitored by financial markets.
Key Facts
- The base year for the index is 2015.
- The index is published monthly by the U.S. Bureau of Labor Statistics.
- The index is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Annual Index 2015=100 measures the average change in prices paid by consumers for a basket of goods and services, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely used measure of inflation and provides important insights into changes in purchasing power and the cost of living for consumers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The index is a critical input for Federal Reserve monetary policy decisions and is closely monitored by financial markets.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP01AUA661S), retrieved from FRED.