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

Index 2015=100, Monthly

OECDCPALTT01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

145.02

Year-over-Year Change

4.21%

Date Range

1/1/1970 - 3/1/2025

Summary

The OECD Consumer Price Index (CPI) measures the change in prices for a basket of consumer goods and services. It is a key indicator of inflation and consumer purchasing power.

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 OECD CPI tracks the average change in prices paid by consumers for a representative basket of goods and services. It is a widely-used metric for assessing changes in the overall cost of living and the effectiveness of monetary policy.

Methodology

The index is calculated by the OECD using national consumer price data.

Historical Context

Central banks and policymakers closely monitor CPI data to inform interest rate and other economic policy decisions.

Key Facts

  • The base year for the index is 2015.
  • The CPI is reported monthly by the OECD.
  • The index tracks prices for a representative basket of consumer goods and services.

FAQs

Q: What does this economic trend measure?

A: The OECD Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services.

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

A: The CPI is a key indicator of inflation and changes in consumer purchasing power, making it relevant for policymakers, economists, and market analysts.

Q: How is this data collected or calculated?

A: The OECD calculates the CPI using national consumer price data.

Q: How is this trend used in economic policy?

A: Central banks and policymakers closely monitor CPI data to inform interest rate and other economic policy decisions.

Q: Are there update delays or limitations?

A: The CPI is reported monthly by the OECD with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, OECD Consumer Price Index (OECDCPALTT01IXOBM), retrieved from FRED.