Consumer Price Index: All Items: Total for Czech Republic
Growth rate previous period, Annual
CPALTT01CZA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.66
Year-over-Year Change
456.08%
Date Range
1/1/1992 - 1/1/2023
Summary
This economic indicator measures the annual growth rate of consumer prices in a given period compared to the previous period, providing insights into inflation 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
The Growth Rate Previous Period, Annual metric tracks the year-over-year change in consumer prices, which is a key measure of inflation. This data is widely used by economists, policymakers, and market analysts to assess the overall price environment and inform economic decision-making.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on the Consumer Price Index (CPI).
Historical Context
This inflation-related indicator is crucial for the Federal Reserve's monetary policy and influences consumer confidence and market behavior.
Key Facts
- Measures year-over-year change in consumer prices.
- Used by the Federal Reserve to guide monetary policy.
- Provides insights into the overall price environment.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual growth rate of consumer prices, which is a key metric for tracking inflation.
Q: Why is this trend relevant for users or analysts?
A: This inflation-related data is crucial for policymakers, economists, and market participants to assess the overall price environment and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on the Consumer Price Index (CPI).
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors this inflation indicator to guide its monetary policy decisions, which can have significant impacts on consumer confidence and market behavior.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, and there may be minor delays in its release.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual (CPALTT01CZA657N), retrieved from FRED.