National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Colombia
Index 2015=100
COLNAEXKP06IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.89
Year-over-Year Change
54.64%
Date Range
1/1/2005 - 7/1/2023
Summary
The Index 2015=100 measures changes in consumer prices over time, a key economic indicator used to track 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 price index tracks the cost of a basket of consumer goods and services, providing a broad measure of price changes experienced by households. It is a vital data series for policymakers, economists, and analysts monitoring economic conditions.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
The Index 2015=100 is closely watched by the Federal Reserve and markets to inform monetary policy decisions.
Key Facts
- The base year for the index is 2015.
- The index tracks prices for over 200 categories of consumer goods and services.
- The Federal Reserve targets 2% annual inflation, as measured by the CPI.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the prices paid by consumers for a basket of goods and services, providing a broad indicator of inflation.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a vital economic indicator used by policymakers, businesses, and consumers to understand changes in the cost of living and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the CPI to inform monetary policy decisions aimed at maintaining price stability and achieving the Fed's 2% inflation target.
Q: Are there update delays or limitations?
A: The CPI data is released monthly with a brief lag, providing timely information on changing consumer prices.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Colombia
COLSLRTTO01IXOBSAQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Colombia
COLNAEXKP01STSAQ
Consumer Price Index: OECD Groups: Housing: Total for Colombia
COLCPGRHO01GPM
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Colombia
COLCPGRLE01GPQ
Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Colombia
COLFCAOFINUM
General Government Revenue for Colombia
COLGGRGDP
Citation
U.S. Federal Reserve, Index 2015=100 (COLNAEXKP06IXOBSAQ), retrieved from FRED.