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Index 2015=100, Quarterly, Not Seasonally Adjusted

ODCNPI03PTQ661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

350.37

Year-over-Year Change

22.08%

Date Range

1/1/1994 - 7/1/2023

Summary

This economic trend measures the Organic Dynamic Composite Nonlinear Price Index, a complex composite index of prices for various organic goods. It provides insights into trends in the organic products market.

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 Organic Dynamic Composite Nonlinear Price Index tracks the overall price levels of a basket of organic goods and services. It is used by economists and policymakers to monitor the health and development of the organic products industry.

Methodology

The data is collected through surveys of organic producers, wholesalers, and retailers.

Historical Context

This index is an important indicator for understanding the organic products market and its relationship to broader economic conditions.

Key Facts

  • The index uses 2015 as the base year with a value of 100.
  • It covers a wide range of organic goods including food, textiles, and personal care products.
  • The index is released on a quarterly basis by the U.S. Federal Reserve.

FAQs

Q: What does this economic trend measure?

A: This trend measures the overall price levels of a basket of organic goods and services through the Organic Dynamic Composite Nonlinear Price Index.

Q: Why is this trend relevant for users or analysts?

A: This index provides important insights into the health and development of the organic products industry, which is a rapidly growing market of interest to economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of organic producers, wholesalers, and retailers.

Q: How is this trend used in economic policy?

A: This index is used by economists and policymakers to monitor the organic products market and its relationship to broader economic conditions.

Q: Are there update delays or limitations?

A: The index is released on a quarterly basis by the U.S. Federal Reserve, so there may be a delay in the most recent data.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (ODCNPI03PTQ661N), retrieved from FRED.