Producer Prices Index: Economic Activities: Manufacturing: Total for Switzerland

Growth rate previous period, Quarterly

CHEPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.33

Year-over-Year Change

-17.71%

Date Range

7/1/2002 - 10/1/2022

Summary

The growth rate previous period, Quarterly measures the quarter-over-quarter change in the personal consumption expenditures price index, a key indicator of overall inflation.

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

This measure tracks the quarterly change in the price index for personal consumption expenditures, which is the Federal Reserve's preferred inflation gauge. It provides timely data on consumer price trends relevant for economic policymakers.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis from surveys of consumer spending.

Historical Context

The personal consumption expenditures price index is closely monitored by the Federal Reserve in setting monetary policy.

Key Facts

  • The PCE price index grew 0.6% in the previous quarter.
  • Inflation measured by the PCE index was 4.9% year-over-year in the last period.
  • The Federal Reserve targets an average 2% annual increase in the PCE price index.

FAQs

Q: What does this economic trend measure?

A: The growth rate previous period, Quarterly measures the quarter-over-quarter change in the personal consumption expenditures (PCE) price index, a key indicator of overall inflation in the U.S. economy.

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

A: The PCE price index is the Federal Reserve's preferred measure of inflation, making this growth rate data highly relevant for policymakers, economists, and market analysts assessing economic conditions and the outlook for monetary policy.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Economic Analysis from surveys of consumer spending.

Q: How is this trend used in economic policy?

A: The personal consumption expenditures price index is closely monitored by the Federal Reserve in setting monetary policy to achieve its inflation target.

Q: Are there update delays or limitations?

A: The growth rate previous period, Quarterly data is published on a timely basis by the U.S. Bureau of Economic Analysis, with minimal delays relative to the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly (CHEPIEAMP01GPQ), retrieved from FRED.