Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Russia
Quarterly
RUSCP120000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
114.21%
Date Range
4/1/2004 - 10/1/2021
Summary
The Quarterly trend measures the quarterly change in the U.S. consumer price index, a key indicator of inflation. This metric is closely watched by policymakers and analysts to understand consumer spending and price pressures.
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 economic trend tracks the quarterly percent change in the U.S. Consumer Price Index (CPI), a measure of the average change in prices paid by consumers for a basket of goods and services. This data is a crucial input for assessing economic conditions and guiding monetary policy decisions.
Methodology
The CPI data is collected through consumer surveys and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
The Quarterly CPI trend is a leading indicator used by the Federal Reserve and other policymakers to monitor inflation and guide interest rate decisions.
Key Facts
- The CPI tracks prices of food, housing, transportation, and other consumer goods.
- Quarterly CPI is reported as a percent change from the previous quarter.
- The Federal Reserve targets 2% annual inflation as part of its policy mandate.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarterly percent change in the U.S. Consumer Price Index (CPI), a key indicator of inflation and consumer price pressures.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly CPI trend is a crucial input for policymakers and analysts to assess economic conditions and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The CPI data is collected through consumer surveys and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Quarterly CPI trend is a leading indicator used by the Federal Reserve and other policymakers to monitor inflation and guide interest rate decisions.
Q: Are there update delays or limitations?
A: The Quarterly CPI data is reported with a short delay, typically within a few weeks of the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (RUSCP120000GPQ), retrieved from FRED.