Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Costa Rica
Index 2015=100, Monthly
CRICP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.69
Year-over-Year Change
2.08%
Date Range
1/1/1995 - 12/1/2021
Summary
The Index 2015=100, Monthly series measures the monthly change in consumer prices, a key indicator of inflation 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
This consumer price index (CPI) measures changes in the prices paid by urban consumers for a representative basket of goods and services. It is a widely-used metric for tracking inflation and informing economic policy decisions.
Methodology
The Bureau of Labor Statistics collects price data from households and businesses to calculate this seasonally-adjusted monthly index.
Historical Context
The CPI is a crucial economic indicator monitored by the Federal Reserve, analysts, and policymakers.
Key Facts
- The CPI is calculated based on prices for over 200 categories of consumer goods and services.
- The index has a base year of 2015, with a value of 100 in that year.
- The CPI is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly series measures changes in the prices paid by urban consumers for a representative basket of goods and services, providing a gauge of inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a crucial economic indicator used by the Federal Reserve, analysts, and policymakers to track inflation and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data from households and businesses to calculate this seasonally-adjusted monthly index.
Q: How is this trend used in economic policy?
A: The CPI is closely monitored by the Federal Reserve and policymakers to assess inflationary pressures and guide decisions on interest rates and other monetary policy tools.
Q: Are there update delays or limitations?
A: The CPI is released monthly by the Bureau of Labor Statistics, with a typical release lag of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CRICP040100IXOBM), retrieved from FRED.