Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Finland
Annual
CPGRLE01FIA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.15
Year-over-Year Change
248.60%
Date Range
1/1/1960 - 1/1/2022
Summary
The Annual trend measures the year-over-year percentage change in the cost of consumer goods and services in a given region. This metric is a key indicator of inflation and purchasing power, closely monitored by policymakers.
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 Annual trend tracks the annual rate of change in the Consumer Price Index (CPI), a widely used measure of inflation. Economists and analysts rely on this data to assess the overall health of the economy and inform policy decisions.
Methodology
The data is collected through surveys of consumer expenditures and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual trend is a critical input for the Federal Reserve's monetary policy decisions and can influence consumer confidence and business investment.
Key Facts
- The Annual trend reached a 40-year high of 9.1% in June 2022.
- The Federal Reserve aims to maintain an annual inflation rate of around 2%.
- Persistent high inflation can erode consumer purchasing power and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in the Consumer Price Index (CPI), a widely used gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a critical indicator of inflation and purchasing power, which informs policymakers, consumers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual trend is a key input for the Federal Reserve's monetary policy decisions, as the central bank aims to maintain stable inflation.
Q: Are there update delays or limitations?
A: The Annual data is published monthly with a slight delay, and may be subject to revisions as additional information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Finland
LREM24MAFIA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Finland
FINCP040200GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Finland
FINCPHP0100IXOBM
Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 74 Years for Finland
LRIN74MAFIA156N
Labor Compensation: Earnings: Private Sector: Hourly for Finland
LCEAPR01FIQ661S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland
CPGREN01FIA659N
Citation
U.S. Federal Reserve, Annual (CPGRLE01FIA657N), retrieved from FRED.