Current Account (Excludes Exceptional Financing), Net for Turkey
Annual
CUAEEFTRA052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-41,524,000,000.00
Year-over-Year Change
1603.90%
Date Range
1/1/1974 - 1/1/2008
Summary
The Annual trend measures the average change in prices paid by consumers for a basket of goods and services in the United States over a 12-month period. It is a key indicator of inflation and cost of living.
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 Annual trend is the year-over-year percent change in the Consumer Price Index (CPI), the primary measure of inflation in the U.S. economy. It provides insights into broader price pressures and the purchasing power of consumers.
Methodology
The U.S. Bureau of Labor Statistics collects price data from households and businesses to calculate the CPI, which forms the basis of the Annual inflation trend.
Historical Context
Policymakers, such as the Federal Reserve, monitor the Annual trend closely to guide monetary policy decisions aimed at maintaining price stability.
Key Facts
- The Annual trend reached a high of 9.1% in June 2022, the highest level since 1981.
- The Federal Reserve aims to maintain an Annual inflation rate of around 2% over the long term.
- The Annual trend is a widely followed economic indicator by businesses, investors, and the general public.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the Consumer Price Index (CPI), the primary gauge of inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual inflation trend is a key indicator of the overall cost of living and purchasing power of consumers, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data from households and businesses to calculate the CPI, which forms the basis of the Annual inflation trend.
Q: How is this trend used in economic policy?
A: Policymakers, such as the Federal Reserve, monitor the Annual inflation trend closely to guide monetary policy decisions aimed at maintaining price stability and economic growth.
Q: Are there update delays or limitations?
A: The Annual inflation trend is published monthly by the U.S. Bureau of Labor Statistics, with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual (CUAEEFTRA052N), retrieved from FRED.