Consumer Price Index: All Items: Total for Estonia
Annual
CPALTT01EEA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.16
Year-over-Year Change
83.85%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Annual' economic trend measures the annual rate of change in consumer prices for education in the United States. This key inflation indicator is closely watched by policymakers and economists to assess cost-of-living pressures.
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 'Annual' series tracks the year-over-year percent change in the education component of the Consumer Price Index (CPI). It provides insight into broader inflationary trends and the affordability of education services for American households.
Methodology
The data is calculated monthly by the U.S. Bureau of Labor Statistics based on surveys of consumer expenditures.
Historical Context
Education inflation data is used to inform monetary and fiscal policy decisions that impact the cost and accessibility of higher learning.
Key Facts
- The 'Annual' series has been tracked since 1978.
- Education costs have risen faster than overall inflation in recent decades.
- Monitoring education inflation is crucial for policymakers focused on college affordability.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' trend measures the year-over-year percent change in consumer prices for education services in the United States.
Q: Why is this trend relevant for users or analysts?
A: Education inflation data is critical for assessing broader cost-of-living pressures and informing policy decisions around college affordability.
Q: How is this data collected or calculated?
A: The data is calculated monthly by the U.S. Bureau of Labor Statistics based on surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: Education inflation data is used by policymakers and central banks to guide monetary and fiscal policies that impact the cost and accessibility of higher learning.
Q: Are there update delays or limitations?
A: The 'Annual' education inflation data is published monthly with minimal delay, providing timely insight into this important economic indicator.
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Citation
U.S. Federal Reserve, Annual (CPALTT01EEA657N), retrieved from FRED.