Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Ireland
Index 2015=100, Monthly
CCUSMA02IEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.65
Year-over-Year Change
-2.99%
Date Range
1/1/1960 - 12/1/2023
Summary
The Index 2015=100, Monthly tracks changes in prices paid by consumers for a representative basket of goods and services. This key economic indicator is closely monitored by policymakers and analysts to assess inflationary 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 Index 2015=100, Monthly is a seasonally adjusted measure of the average change in prices paid by urban consumers for a fixed market basket of consumer goods and services. It serves as a headline indicator of consumer price inflation in the United States.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions rely on this index to guide monetary policy decisions aimed at maintaining price stability.
Key Facts
- The base year for the Index 2015=100 is 2015.
- The index covers approximately 93% of the total population.
- The index is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the average change in prices paid by urban consumers for a fixed basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer price inflation and is closely watched by policymakers, economists, and market participants to assess the state of the economy and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions rely on this index to guide monetary policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The Index 2015=100, Monthly is released on a monthly basis by the U.S. Bureau of Labor Statistics, with a typical release lag of around two weeks.
Related Trends
Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Ireland
BSOITE02IEQ460S
Consumer Price Index: Transport (COICOP 07): Total for Ireland
IRLCP070000IXNBM
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Ireland
LFEM74MAIEQ657S
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Ireland
IRLCP110000IXNBM
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Ireland
CRDQIEAHABIS
Harmonized Index of Consumer Prices: Package Holidays for Ireland
CP0960IEM086NEST
Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CCUSMA02IEM661N), retrieved from FRED.