Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Turkiye
Growth rate same period previous year, Quarterly
CPALTT01TRQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.71
Year-over-Year Change
-27.54%
Date Range
1/1/1956 - 1/1/2025
Summary
This economic trend measures the quarterly growth rate of the U.S. personal consumption expenditures (PCE) price index compared to the same period in the previous year. It provides insights into the pace of inflation and consumer spending.
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 same period previous year, Quarterly trend tracks changes in consumer prices over time, which is a key indicator of inflation. This metric is widely used by economists, policymakers, and analysts to assess the overall health of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using the PCE price index.
Historical Context
Policymakers closely monitor this inflation measure to inform monetary policy decisions.
Key Facts
- The PCE price index is the Federal Reserve's preferred measure of inflation.
- Consumer spending accounts for over two-thirds of U.S. economic activity.
- Quarterly growth rates help identify trends in the pace of inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly growth rate of the U.S. personal consumption expenditures (PCE) price index compared to the same period in the previous year, providing insights into the pace of inflation and consumer spending.
Q: Why is this trend relevant for users or analysts?
A: This inflation measure is widely used by economists, policymakers, and analysts to assess the overall health of the U.S. economy and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using the PCE price index.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this inflation measure to inform monetary policy decisions, as it reflects changes in consumer prices and spending patterns.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CPALTT01TRQ659N), retrieved from FRED.