Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Turkiye
Growth rate same period previous year, Monthly
CPALTT01TRM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.86
Year-over-Year Change
-45.76%
Date Range
1/1/1956 - 4/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in consumer prices in the United States. This key economic indicator helps policymakers and analysts track inflation and 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
This series represents the percent change in the Consumer Price Index (CPI) between the current month and the same month in the previous year. The CPI is a widely used measure of inflation that tracks changes in the prices paid by urban consumers for a basket of goods and services.
Methodology
The data is collected through the Bureau of Labor Statistics' ongoing consumer price surveys.
Historical Context
Policymakers and central banks closely monitor CPI trends to guide monetary policy decisions.
Key Facts
- The CPI is a key macroeconomic indicator.
- The Federal Reserve targets 2% inflation.
- Prices rose 8.5% in the 12 months ending March 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the Consumer Price Index (CPI), a widely used gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The CPI growth rate is a critical metric for policymakers, businesses, and consumers to understand changes in the cost of living and overall price pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' ongoing consumer price surveys.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor CPI trends to guide monetary policy decisions aimed at maintaining price stability and full employment.
Q: Are there update delays or limitations?
A: The CPI data is published monthly with a short lag, providing timely information on inflationary pressures.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPALTT01TRM659N), retrieved from FRED.