Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Russia

Index 2015=100

RUSCP070000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

142.20

Year-over-Year Change

19.31%

Date Range

1/1/2004 - 10/1/2021

Summary

The Index 2015=100 measures the total consumer price index for Russia, with 2015 as the base year. This key economic indicator is crucial for policymakers and analysts to assess inflation and the purchasing power of consumers.

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 tracks the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. It is a widely-used metric for evaluating the overall cost of living and inflationary pressures in the Russian economy.

Methodology

The data is collected through surveys of retail establishments and service providers across Russia.

Historical Context

The Index 2015=100 is closely monitored by the Central Bank of Russia and international financial institutions to inform monetary policy decisions.

Key Facts

  • The base year for the Index 2015=100 is 2015.
  • It measures the average change in prices for a basket of consumer goods and services.
  • The Index is a key indicator used to assess inflationary pressures in the Russian economy.

FAQs

Q: What does this economic trend measure?

A: The Index 2015=100 measures the total consumer price index for Russia, with 2015 as the base year. It tracks the average change in prices for a basket of consumer goods and services.

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

A: The Index 2015=100 is a crucial indicator for policymakers and analysts to assess inflation and the purchasing power of consumers in the Russian economy.

Q: How is this data collected or calculated?

A: The data for the Index 2015=100 is collected through surveys of retail establishments and service providers across Russia.

Q: How is this trend used in economic policy?

A: The Index 2015=100 is closely monitored by the Central Bank of Russia and international financial institutions to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The Index 2015=100 data is published regularly, but there may be some delays in the release of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100 (RUSCP070000IXOBQ), retrieved from FRED.