Producer Prices Index: Economic Activities: Manufacturing: Domestic for Colombia
Growth rate previous period, Monthly
COLPIEAMP02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.49
Year-over-Year Change
-157.57%
Date Range
2/1/1990 - 12/1/2022
Summary
The growth rate previous period, monthly measures the month-over-month change in the cost of living for urban consumers in the United States. This metric is a key indicator of inflation and consumer price trends.
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 series tracks the percentage change in the Consumer Price Index (CPI) from the previous month. The CPI is a widely used measure of inflation that captures changes in the prices of consumer goods and services. Monitoring this growth rate provides insights into broader economic conditions and the purchasing power of consumers.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely follow this metric to inform monetary policy decisions and economic forecasting.
Key Facts
- The CPI growth rate is a leading indicator of inflation.
- The Federal Reserve targets a 2% annual inflation rate.
- Consumer prices rose 6.4% in the 12 months ending January 2023.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in the Consumer Price Index (CPI), a key gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the pace of price changes, which is crucial for economic policymaking, investment decisions, and understanding the purchasing power of consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, closely monitor this growth rate to inform monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, providing timely information on consumer price trends.
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COLFCNODDSNUM
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COLLRUNTTFESTSAM
Value of Exports to Colombia from New Hampshire
NHCOLA052SCEN
Consumer Prices for Colombia
COLPCPIEPCH
Nonfinancial Corporate Bonds to Total Bonds and Notes Outstanding for Colombia
DDAM03COA156NWDB
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NVCOLA475SCEN
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (COLPIEAMP02GPM), retrieved from FRED.