Consumer Price Index for All Urban Consumers: Medical Care Services in Northeast
Semiannual
CUUS0100SAM2 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
628.68
Year-over-Year Change
13.91%
Date Range
1/1/1984 - 1/1/2025
Summary
The Semiannual Consumer Price Index (CPI) measures the average change in prices paid by urban consumers for a basket of consumer goods and services over a six-month period. This key economic indicator provides insights into inflation trends and consumer purchasing power.
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 Semiannual CPI is a broader measure of inflation than the monthly CPI, capturing broader trends over a longer time horizon. It is closely watched by policymakers, economists, and investors to assess the overall health of the economy and guide decisions on interest rates, monetary policy, and consumer spending patterns.
Methodology
The U.S. Bureau of Labor Statistics collects price data from a sample of retail and service establishments and calculates the Semiannual CPI based on this data.
Historical Context
The Semiannual CPI is a crucial input for the Federal Reserve's monetary policy decisions and is used to inform economic forecasts and consumer behavior analysis.
Key Facts
- The Semiannual CPI is published twice a year, in June and December.
- It measures price changes for a fixed market basket of consumer goods and services.
- The Semiannual CPI is a broader indicator than the monthly CPI, covering a longer time period.
FAQs
Q: What does the Semiannual Consumer Price Index (CPI) measure?
A: The Semiannual CPI measures the average change in prices paid by urban consumers for a basket of consumer goods and services over a six-month period.
Q: Why is the Semiannual CPI relevant for users or analysts?
A: The Semiannual CPI is a key economic indicator that provides insights into broader inflation trends and consumer purchasing power, informing policymakers, economists, and investors.
Q: How is the Semiannual CPI data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data from a sample of retail and service establishments and calculates the Semiannual CPI based on this data.
Q: How is the Semiannual CPI used in economic policy?
A: The Semiannual CPI is a crucial input for the Federal Reserve's monetary policy decisions and is used to inform economic forecasts and consumer behavior analysis.
Q: Are there any update delays or limitations with the Semiannual CPI?
A: The Semiannual CPI is published twice a year, in June and December, with a potential for slight delays in data availability.
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Citation
U.S. Bureau of Labor Statistics, Consumer Price Index - Semiannual (CUUS0100SAM2), retrieved from FRED.