Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Estonia
Growth rate same period previous year, Monthly
CPALTT01EEM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.53
Year-over-Year Change
62.97%
Date Range
1/1/1998 - 4/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in consumer prices, providing insights into inflation dynamics 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
This monthly indicator tracks the percentage change in the Consumer Price Index (CPI) compared to the same month in the prior year. It offers a snapshot of price pressures and is closely monitored by policymakers and analysts to assess the pace of inflation.
Methodology
The data is calculated based on the monthly CPI survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The inflation rate is a key consideration for the Federal Reserve in setting monetary policy.
Key Facts
- The U.S. inflation rate reached a 40-year high of 9.1% in June 2022.
- The Federal Reserve aims to maintain a 2% inflation target.
- Rising prices can erode consumer purchasing power and impact economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the Consumer Price Index (CPI), which is the primary gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The inflation rate is a crucial economic indicator that helps policymakers, businesses, and consumers understand the pace of price changes and plan accordingly.
Q: How is this data collected or calculated?
A: The data is based on the monthly CPI survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors inflation trends and uses this data to guide its monetary policy decisions, such as adjusting interest rates to maintain price stability.
Q: Are there update delays or limitations?
A: The CPI data is released monthly by the Bureau of Labor Statistics, with a typical delay of about two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPALTT01EEM659N), retrieved from FRED.