Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Colombia
Index 2015=100, Monthly
COLCPGRSE01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.63
Year-over-Year Change
6.85%
Date Range
1/1/1995 - 4/1/2025
Summary
The 'Index 2015=100, Monthly' measures the monthly changes in the prices of consumer goods and services. It is a key indicator of inflation and cost of living trends in the U.S. economy.
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 monthly index from the U.S. Bureau of Labor Statistics tracks the average change in prices paid by consumers for a market basket of consumer goods and services. It is a widely-used benchmark for monetary policy and household purchasing power analysis.
Methodology
The data is collected through surveys of households and businesses across the United States.
Historical Context
The consumer price index is a crucial input for the Federal Reserve's monetary policy decisions and is closely watched by economists and policymakers.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers a broad range of consumer goods and services, from food and housing to transportation and medical care.
- The CPI is a leading indicator of inflationary pressures in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Monthly' measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a crucial indicator of inflation and cost of living, providing important insights for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses across the United States by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The consumer price index is a key input for the Federal Reserve's monetary policy decisions, as it helps gauge inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The consumer price index data is released monthly by the U.S. Bureau of Labor Statistics, with a short publication delay.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (COLCPGRSE01IXOBM), retrieved from FRED.