Consumer Price Index: Total Food Excluding Restaurants for Estonia
Index 2010=100, Monthly
CPGDFD02EEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.74
Year-over-Year Change
2.87%
Date Range
1/1/1998 - 5/1/2018
Summary
The Index 2010=100, Monthly trend measures the price level of consumer goods and services in the United States on a monthly basis, with 2010 as the base year. This index is a key indicator of inflation 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 Index 2010=100, Monthly is a measure of the average change in prices paid by urban consumers for a basket of consumer goods and services. It is a widely-used indicator of general price inflation and a critical input for policymakers at the Federal Reserve and other economic institutions.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The Index 2010=100, Monthly is used to adjust economic data for the effects of inflation and to inform monetary policy decisions.
Key Facts
- The base year for the Index 2010=100, Monthly is 2010.
- The index tracks price changes for a fixed basket of consumer goods and services.
- The Federal Reserve uses this index to help set interest rates and manage inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=100, Monthly measures the average change in prices paid by urban consumers for a basket of consumer goods and services, with 2010 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer purchasing power, and is used by policymakers, economists, and analysts to assess the state of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2010=100, Monthly is used by the Federal Reserve and other policymakers to adjust economic data for the effects of inflation and to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Index 2010=100, Monthly data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of about two weeks.
Related Trends
Harmonized Index of Consumer Prices: Household Appliances for Estonia
CP0530EEM086NEST
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Estonia
LRUN64TTEEQ156S
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Estonia
LFAC64FEEEA647N
Sales: Retail Trade: Total Retail Trade: Volume for Estonia
ESTSLRTTO01GYSAM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Estonia
LFAC74MAEEA647S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Estonia
LRHUADFEEEM156S
Citation
U.S. Federal Reserve, Index 2010=100, Monthly (CPGDFD02EEM661N), retrieved from FRED.