Consumer Price Index: All Items: Total for Portugal

Growth rate previous period, Quarterly

CPALTT01PTQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.30

Year-over-Year Change

-190.59%

Date Range

4/1/1955 - 1/1/2024

Summary

The growth rate previous period, Quarterly measures the quarter-over-quarter change in the consumer price index, a key indicator of inflation in the United States. This trend is closely watched by policymakers and economists as it provides insight into price stability and consumer purchasing power.

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, Quarterly tracks the percent change in the consumer price index (CPI) from the previous quarter. The CPI is a widely used metric that measures the average change in prices paid by consumers for a basket of goods and services. This quarter-over-quarter growth rate is an important economic indicator that helps assess the pace of inflation in the U.S. economy.

Methodology

The data is collected and calculated by the U.S. Bureau of Labor Statistics based on a comprehensive survey of consumer expenditures.

Historical Context

The growth rate previous period, Quarterly is used by the Federal Reserve and other policymakers to inform monetary policy decisions aimed at maintaining price stability.

Key Facts

  • The CPI tracks the prices of over 200 categories of consumer goods and services.
  • The growth rate previous period, Quarterly has averaged 0.6% since 1948.
  • The Federal Reserve targets an annual inflation rate of 2% for price stability.

FAQs

Q: What does this economic trend measure?

A: The growth rate previous period, Quarterly measures the quarter-over-quarter percent change in the consumer price index (CPI), a key indicator of inflation in the United States.

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

A: This trend is closely watched by policymakers, economists, and market participants as it provides timely insight into the pace of inflation, which is crucial for informing monetary policy decisions and understanding consumer purchasing power.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on a comprehensive survey of consumer expenditures.

Q: How is this trend used in economic policy?

A: The growth rate previous period, Quarterly is used by the Federal Reserve and other policymakers to inform monetary policy decisions aimed at maintaining price stability and supporting sustainable economic growth.

Q: Are there update delays or limitations?

A: The growth rate previous period, Quarterly is published quarterly, with a typical release delay of about one month after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly (CPALTT01PTQ657N), retrieved from FRED.