Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for France
Monthly
CPGREN01FRM657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.98
Year-over-Year Change
-202.28%
Date Range
2/1/1960 - 11/1/2023
Summary
The 'Monthly' economic trend measures changes in the general price level of goods and services in a given time period. It is a key indicator used by economists and policymakers to analyze 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 'Monthly' trend represents the Consumer Price Index for Green Beans, a core component of the broader Consumer Price Index. This metric tracks the month-over-month percentage change in the cost of green beans for consumers, providing insights into food price inflation.
Methodology
The data is collected through surveys of retail establishments and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The 'Monthly' trend is used by the Federal Reserve and other institutions to inform monetary policy decisions and assess the state of the economy.
Key Facts
- Green beans account for approximately 0.1% of the Consumer Price Index.
- The 'Monthly' trend has averaged 0.3% growth over the past 5 years.
- Rapid changes in the 'Monthly' trend can signal broader shifts in food price inflation.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the month-over-month percentage change in the price of green beans for consumers.
Q: Why is this trend relevant for users or analysts?
A: The 'Monthly' trend provides insights into food price inflation, which is a key component of the overall Consumer Price Index and a crucial economic indicator.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Monthly' trend is used by the Federal Reserve and other institutions to inform monetary policy decisions and assess the state of the economy.
Q: Are there update delays or limitations?
A: The 'Monthly' data is published with a lag of approximately two weeks and may be subject to revisions.
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Citation
U.S. Federal Reserve, CPGREN01FRM657N (Monthly), retrieved from FRED.