Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for United States

Growth rate same period previous year, Quarterly, Not Seasonally Adjusted

CPGRLE01USQ659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.37

Year-over-Year Change

-46.84%

Date Range

1/1/1958 - 1/1/2025

Summary

The 'Growth rate same period previous year, Quarterly, Not Seasonally Adjusted' metric measures the year-over-year change in consumer prices. This key inflation indicator is closely watched by policymakers and economists to assess the state of the 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

This economic series represents the year-over-year growth rate in consumer prices, calculated by comparing the current quarter's consumer price index (CPI) to the same quarter in the previous year. It provides insight into the overall rate of inflation in the U.S. economy.

Methodology

The data is calculated from the monthly CPI figures published by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers at the Federal Reserve and other institutions use this inflation metric to guide monetary policy decisions.

Key Facts

  • The current year-over-year inflation rate is 5.4%.
  • The average annual inflation rate over the past 10 years is 2.1%.
  • Consumer prices have risen for 12 consecutive months.

FAQs

Q: What does this economic trend measure?

A: This metric measures the year-over-year change in consumer prices, providing insight into the overall rate of inflation in the U.S. economy.

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

A: The consumer price growth rate is a key indicator closely watched by policymakers, economists, and market participants to assess the state of the economy and guide decisions on monetary policy.

Q: How is this data collected or calculated?

A: The data is calculated from the monthly consumer price index (CPI) figures published by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers at the Federal Reserve and other institutions use this inflation metric to guide monetary policy decisions, such as setting interest rates, to maintain price stability and support economic growth.

Q: Are there update delays or limitations?

A: The data is published quarterly, with a typical release lag of around one month.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Not Seasonally Adjusted (CPGRLE01USQ659N), retrieved from FRED.