Consumer Price Index: Rent, Repairs, and Maintenance for Estonia

Growth Rate Previous Period, Quarterly

CPSEHO05EEQ657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.33

Year-over-Year Change

-73.44%

Date Range

4/1/1998 - 1/1/2018

Summary

The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter percent change in the Consumer Price Index for Services for All Urban Consumers. This provides insight into inflationary pressures in the service sector of 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 Growth Rate Previous Period, Quarterly is a key indicator of service-sector inflation. It tracks the percent change in the CPI for services compared to the previous quarter, helping economists and policymakers understand price dynamics and cost-of-living changes for consumers.

Methodology

The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of consumer expenditures.

Historical Context

This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.

Key Facts

  • The series dates back to 1947.
  • Highest value was 3.7% in Q3 2022.
  • Trend has been increasing since mid-2021.

FAQs

Q: What does this economic trend measure?

A: The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter percent change in the Consumer Price Index for Services for All Urban Consumers.

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

A: This trend provides crucial insight into inflationary pressures in the service sector, which is a key component of the overall economy.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of consumer expenditures.

Q: How is this trend used in economic policy?

A: The Federal Reserve and other economic institutions closely monitor this trend to inform monetary policy decisions.

Q: Are there update delays or limitations?

A: The data is published quarterly with a short delay.

Related Trends

Citation

U.S. Federal Reserve, Growth Rate Previous Period, Quarterly (CPSEHO05EEQ657N), retrieved from FRED.