Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Russia
Quarterly
RUSCP040400GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-72.94%
Date Range
4/1/2004 - 10/1/2021
Summary
The Quarterly trend measures the quarterly change in the gross domestic product (GDP) price index, a key indicator of inflation and overall economic activity in the United States.
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 GDP price index tracks changes in the overall prices of goods and services produced in the U.S. economy. This trend is closely monitored by policymakers, economists, and analysts to assess inflationary pressures and inform economic decision-making.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on the comprehensive set of economic statistics collected for GDP.
Historical Context
The GDP price index is a critical input for Federal Reserve monetary policy and is used to adjust nominal GDP figures for inflation.
Key Facts
- The GDP price index has a base year of 2012.
- Quarterly GDP price index data is released along with the advance GDP estimate.
- The GDP price index is a chained-type index that measures changes in the overall price level.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly change in the gross domestic product (GDP) price index, a key indicator of inflation and overall economic activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP price index is closely monitored by policymakers, economists, and analysts to assess inflationary pressures and inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on the comprehensive set of economic statistics collected for GDP.
Q: How is this trend used in economic policy?
A: The GDP price index is a critical input for Federal Reserve monetary policy and is used to adjust nominal GDP figures for inflation.
Q: Are there update delays or limitations?
A: Quarterly GDP price index data is released along with the advance GDP estimate.
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Citation
U.S. Federal Reserve, Quarterly (RUSCP040400GPQ), retrieved from FRED.