Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Colombia
Growth rate previous period, Monthly, Seasonally Adjusted
COLODCNPI03GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-21.57
Year-over-Year Change
86.90%
Date Range
2/1/1986 - 5/1/2025
Summary
This economic indicator measures the month-over-month growth rate of the Personal Consumption Expenditures (PCE) price index, a key measure of inflation 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
The growth rate previous period, monthly, seasonally adjusted trend provides insights into the pace of changes in consumer prices, which is closely monitored by policymakers and analysts to assess economic conditions and guide monetary policy decisions.
Methodology
The data is calculated from the monthly PCE price index, a comprehensive measure of the prices paid by consumers for a basket of goods and services.
Historical Context
This trend is widely used by the Federal Reserve and other institutions to evaluate inflationary pressures and inform policy interventions.
Key Facts
- The PCE price index is the Federal Reserve's preferred measure of inflation.
- The growth rate previous period trend tracks month-over-month changes in the PCE index.
- Policymakers use this data to assess the pace of price changes in the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month growth rate of the Personal Consumption Expenditures (PCE) price index, which is a comprehensive measure of consumer prices in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of consumer prices is a key indicator of inflationary pressures, which is closely monitored by policymakers, investors, and economists to assess the overall health of the economy and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated from the monthly PCE price index, which is compiled by the U.S. Bureau of Economic Analysis based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers use this trend to evaluate inflationary pressures and inform monetary policy decisions, such as adjusting interest rates, to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month, so it may not reflect the most recent economic conditions. Additionally, the PCE price index can be subject to revisions as more complete data becomes available.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for Colombia
COLLFINTTMASTM
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Colombia
COLFCNODCANUM
Balance of Payments: Goods: Expenditure for Colombia
COLB6DBTD01CXCUSAQ
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Colombia
COLCP120000IXNBM
Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Colombia
COLFCDODUANUM
Use of Financial Services: Number of Depositors at Commercial Banks for Colombia
COLFCDODCPENUM
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (COLODCNPI03GPSAM), retrieved from FRED.