Index 2010=1, Monthly

CPGRLE01O1M661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.14

Year-over-Year Change

1.88%

Date Range

1/1/1970 - 10/1/2017

Summary

The 'Index 2010=1, Monthly' trend measures changes in the level of prices paid by consumers for goods and services, excluding rent of shelter. This is a key indicator of inflation and consumer spending patterns in the U.S. economy.

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 component of the Consumer Price Index (CPI), which is the most widely used measure of inflation in the United States. It tracks the average change in prices paid by consumers for a basket of goods and services, excluding shelter costs.

Methodology

The data is collected through surveys of prices paid by consumers in urban areas across the country.

Historical Context

This index is closely monitored by policymakers, economists, and market analysts to assess inflationary pressures and guide economic decision-making.

Key Facts

  • The base year for the index is 2010, with a value of 1.0.
  • The index excludes rent of shelter, a major component of the overall CPI.
  • The index is released monthly by the U.S. Bureau of Labor Statistics.

FAQs

Q: What does this economic trend measure?

A: The 'Index 2010=1, Monthly' trend measures changes in the level of prices paid by consumers for goods and services, excluding rent of shelter.

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

A: This index is a key indicator of inflation and consumer spending patterns in the U.S. economy, making it highly relevant for policymakers, economists, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of prices paid by consumers in urban areas across the country.

Q: How is this trend used in economic policy?

A: This index is closely monitored by policymakers to assess inflationary pressures and guide economic decision-making.

Q: Are there update delays or limitations?

A: The index is released monthly by the U.S. Bureau of Labor Statistics with no known delays or limitations.

Related Trends

Citation

U.S. Federal Reserve, Index 2010=1, Monthly (CPGRLE01O1M661N), retrieved from FRED.