Production: Construction: Total
Index 2015=100, Quarterly
OECDPRCNTO01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.27
Year-over-Year Change
16.57%
Date Range
1/1/1990 - 7/1/2023
Summary
The Index 2015=100, Quarterly trend measures the level of prices in the OECD countries over time, with 2015 as the base year. This index is a key indicator for monitoring inflation and price stability.
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 Index 2015=100, Quarterly is an economic indicator published by the OECD that tracks the overall price level across OECD member countries. It is used by economists, policymakers, and analysts to assess broad inflationary trends and price dynamics in developed economies.
Methodology
The index is calculated based on price data collected by national statistical agencies across OECD countries.
Historical Context
Central banks and fiscal authorities closely monitor this index to inform monetary and economic policies.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index is published on a quarterly basis.
- It covers all OECD member countries.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the overall level of prices across OECD countries, with 2015 as the base year. It provides a broad indicator of inflation and price dynamics in developed economies.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists, policymakers, and analysts to assess inflationary pressures and price stability across the OECD region, which is critical for informing monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The index is calculated based on price data collected by national statistical agencies in OECD member countries.
Q: How is this trend used in economic policy?
A: Central banks and fiscal authorities closely monitor this index to help guide their monetary and economic policies, as it provides a comprehensive view of price dynamics in developed economies.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a slight delay to allow for data collection and compilation across OECD countries.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (OECDPRCNTO01IXOBSAQ), retrieved from FRED.