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

CPALTT01USM659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.31

Year-over-Year Change

-31.16%

Date Range

1/1/1956 - 4/1/2025

Summary

The Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services over time in the United States. This key economic indicator is widely used to track inflation and inform policymaking.

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 Consumer Price Index (CPI) is a measure of the average change in prices paid by consumers for a representative basket of goods and services. It is one of the most widely cited indicators of inflation and is used by economists, policymakers, and the public to understand changes in the cost of living.

Methodology

The CPI is calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer expenditures.

Historical Context

The CPI is a crucial data point for the Federal Reserve in setting monetary policy and is closely watched by financial markets.

Key Facts

  • The CPI covers about 93% of the total U.S. population.
  • The CPI is calculated using a sample of 23,000 retail and service establishments.
  • The CPI is released monthly by the U.S. Bureau of Labor Statistics.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services in the United States.

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

A: The CPI is a key indicator of inflation and changes in the cost of living, making it essential for policymakers, economists, and the public to understand economic conditions.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: The CPI is a crucial data point for the Federal Reserve in setting monetary policy, and it is closely watched by financial markets.

Q: Are there update delays or limitations?

A: The CPI is released monthly by the U.S. Bureau of Labor Statistics with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for United States (CPALTT01USM659N), retrieved from FRED.