Consumer Price Index: Transport (COICOP 07): Total for Russia
Quarterly
RUSCP070000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.44
Year-over-Year Change
19.31%
Date Range
1/1/2004 - 10/1/2021
Summary
The Quarterly trend measures the quarterly percentage change in the U.S. Consumer Price Index (CPI), 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 Quarterly trend tracks the quarterly percent change in the CPI, which is the most widely used measure of inflation in the United States. It is a crucial economic indicator monitored by policymakers, economists, and investors to assess price stability and consumer spending.
Methodology
The CPI data is collected by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Historical Context
The Quarterly CPI change is used to inform Federal Reserve monetary policy and consumer financial decisions.
Key Facts
- The CPI is calculated based on a market basket of consumer goods and services.
- Quarterly CPI changes indicate the pace of inflation in the U.S. economy.
- The Federal Reserve targets an annual inflation rate of 2% for price stability.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly percentage change in the U.S. Consumer Price Index (CPI), which is the most widely used measure of inflation in the country.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly CPI change is a crucial economic indicator monitored by policymakers, economists, and investors to assess price stability and consumer spending patterns.
Q: How is this data collected or calculated?
A: The CPI data is collected by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Quarterly CPI change is used to inform Federal Reserve monetary policy decisions and consumer financial planning.
Q: Are there update delays or limitations?
A: The Quarterly CPI data is released by the Bureau of Labor Statistics with a brief delay, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (RUSCP070000IXNBQ), retrieved from FRED.