Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Colombia
Index 2015=100, Quarterly
COLCPGRHO01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.20
Year-over-Year Change
20.84%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Index 2015=100, Quarterly' series measures quarterly changes in the U.S. cost of living and consumer price inflation. It is a key economic indicator used by policymakers and analysts to assess price stability and 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
This index tracks the overall price level of a basket of consumer goods and services, with 2015 as the base year. It is a widely-followed metric for monitoring the pace of inflation and its impact on household budgets and the broader economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Historical Context
The consumer price index is closely watched by the Federal Reserve and other policymakers to inform monetary policy decisions.
Key Facts
- The base year for this index is 2015.
- It measures price changes for a basket of over 200 consumer goods and services.
- Quarterly updates allow for timely monitoring of inflation trends.
FAQs
Q: What does this economic trend measure?
A: This index measures quarterly changes in the overall price level of consumer goods and services in the United States, providing a gauge of the cost of living and inflation.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a widely-used metric for understanding the purchasing power of households and informing policymakers' decisions on monetary policy and other economic interventions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures and calculated as a weighted average of price changes for a fixed basket of goods and services.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the consumer price index as a key indicator of inflation, which informs their decisions on interest rates and other monetary policy actions to maintain price stability.
Q: Are there update delays or limitations?
A: The consumer price index is published on a quarterly basis, providing timely data on inflation trends, though there may be lags in data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (COLCPGRHO01IXOBQ), retrieved from FRED.