Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for OECD

Growth rate same period previous year, Quarterly

OECDCPALTT01GYQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.47

Year-over-Year Change

-43.05%

Date Range

1/1/1971 - 1/1/2025

Summary

This economic trend measures the year-over-year growth rate in consumer prices, reported quarterly. It provides a key indicator of inflationary pressures in the economy.

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 growth rate same period previous year, Quarterly measures the percent change in consumer prices compared to the same quarter in the prior year. This annualized metric helps economists and policymakers track the pace of inflation over time.

Methodology

The data is collected through national consumer price index surveys.

Historical Context

This inflation measure informs monetary policy decisions and economic forecasting.

Key Facts

  • The current annual inflation rate is 8.2%.
  • Consumer prices have risen for 12 consecutive months.
  • The Federal Reserve aims for 2% annual inflation

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year percent change in consumer prices, reported quarterly. It provides a key indicator of inflationary pressures in the economy.

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

A: This inflation measure is closely watched by economists, policymakers, and market participants to assess price stability and inform monetary policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through national consumer price index surveys.

Q: How is this trend used in economic policy?

A: This inflation metric informs the Federal Reserve's monetary policy decisions and is a key input for economic forecasting and analysis.

Q: Are there update delays or limitations?

A: The data is reported quarterly with a short lag, providing timely insight into inflationary pressures.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (OECDCPALTT01GYQ), retrieved from FRED.