Index 2010=1, Monthly
CPGRLE01G7M661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.11
Year-over-Year Change
1.36%
Date Range
1/1/1970 - 9/1/2017
Summary
The Index 2010=1, Monthly trend measures changes in the price level of goods and services in the U.S. economy on a monthly basis. It is a key indicator of inflation that helps guide monetary policy decisions.
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=1, Monthly is a seasonally adjusted measure of consumer prices across a broad basket of goods and services, with the base year set to 2010. It is used to track the overall rate of inflation in the U.S. and provides important context for the Federal Reserve's monetary policy actions.
Methodology
The data is collected through surveys of prices paid by consumers and calculated using a weighted average of price changes.
Historical Context
Policymakers and market analysts closely monitor this index to assess the health of the economy and the effectiveness of the Federal Reserve's efforts to maintain price stability.
Key Facts
- The index has a base year of 2010, with a value of 1.0 in that year.
- The index is updated monthly by the U.S. Bureau of Labor Statistics.
- Rising consumer prices, as indicated by an increase in the index, can prompt the Federal Reserve to raise interest rates.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Monthly measures changes in the overall price level of consumer goods and services in the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and helps guide monetary policy decisions by the Federal Reserve to maintain price stability and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this index to assess the health of the economy and the effectiveness of the Federal Reserve's efforts to maintain price stability.
Q: Are there update delays or limitations?
A: The index is updated monthly by the U.S. Bureau of Labor Statistics with a short delay, typically a few weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2010=1, Monthly (CPGRLE01G7M661N), retrieved from FRED.