Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Portugal
Index 2015=100, Quarterly
PRTCCUSMA02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.09
Year-over-Year Change
10.78%
Date Range
1/1/1960 - 10/1/2023
Summary
This index measures changes in the price level of consumer goods and services purchased by urban consumers, adjusting for seasonal variations. It is a key indicator of inflation and consumer spending patterns.
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 Consumer Price Index for All Urban Consumers (CPI-U) is a widely followed economic indicator that tracks the changes in the prices paid by urban consumers for a basket of consumer goods and services. This index is used to assess cost-of-living changes and guide economic and monetary policy decisions.
Methodology
The CPI-U data is collected by the U.S. Bureau of Labor Statistics through surveys of households and businesses.
Historical Context
The CPI-U is a critical metric used by policymakers, economists, and markets to understand inflationary pressures and consumer purchasing power.
Key Facts
- The CPI-U is published monthly by the U.S. Bureau of Labor Statistics.
- The index is based on a market basket of over 80,000 consumer items.
- Changes in the CPI-U are a key input for cost-of-living adjustments and monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for All Urban Consumers (CPI-U) measures the changes in the prices paid by urban consumers for a basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI-U is a crucial indicator of inflation and consumer purchasing power, and it informs economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The CPI-U data is collected by the U.S. Bureau of Labor Statistics through surveys of households and businesses.
Q: How is this trend used in economic policy?
A: The CPI-U is used by policymakers, economists, and markets to understand inflationary pressures and guide decisions on monetary policy and cost-of-living adjustments.
Q: Are there update delays or limitations?
A: The CPI-U is published monthly with a short delay, and it may not fully capture all changes in consumer prices.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PRTCCUSMA02IXOBQ), retrieved from FRED.