Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary

Growth rate same period previous year

CPALTT01HUQ659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.25

Year-over-Year Change

-36.32%

Date Range

1/1/1981 - 1/1/2025

Summary

The 'Growth rate same period previous year' measures the year-over-year percent change in the Consumer Price Index (CPI) for all urban consumers in the United States. This key inflation indicator is closely monitored by economists and policymakers.

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 metric represents the percent change in the CPI, a widely used measure of consumer price inflation, comparing the current month to the same month in the previous year. It provides important insights into the trajectory of price levels and purchasing power over time.

Methodology

The CPI data used to calculate this growth rate is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.

Historical Context

The year-over-year CPI growth rate is a critical input for the Federal Reserve's monetary policy decisions and is closely watched by financial markets.

Key Facts

  • The CPI covers about 93% of the total U.S. population.
  • The Federal Reserve aims for 2% annual inflation.
  • Elevated inflation can erode consumer purchasing power.

FAQs

Q: What does this economic trend measure?

A: This metric measures the year-over-year percent change in the Consumer Price Index (CPI), a key measure of consumer price inflation in the United States.

Q: Why is this trend relevant for users or analysts?

A: The year-over-year CPI growth rate is a critical indicator of the trajectory of consumer prices and purchasing power, making it highly relevant for economists, policymakers, and financial market participants.

Q: How is this data collected or calculated?

A: The CPI data used to calculate this growth rate is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.

Q: How is this trend used in economic policy?

A: The year-over-year CPI growth rate is a key input for the Federal Reserve's monetary policy decisions, as the central bank aims to maintain stable prices and moderate inflation.

Q: Are there update delays or limitations?

A: The CPI data used to calculate this growth rate is published monthly with a brief lag, providing timely insights into price level changes.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year (CPALTT01HUQ659N), retrieved from FRED.