Consumer Price Index: Transport (COICOP 07): Fuels and Lubricants for Personal Transport Equipment: Total for Czech Republic
Quarterly
CZECP070200GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.93
Year-over-Year Change
28.82%
Date Range
4/1/1995 - 7/1/2023
Summary
The Quarterly trend measures the total value of consumer purchases of goods and services in the United States on a quarterly basis. This metric is a key indicator of economic health and consumer demand.
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 Quarterly trend tracks the total spending by consumers in the U.S. economy over three-month periods. It is a crucial measure of economic activity and consumer confidence that is closely monitored by policymakers and analysts.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Historical Context
The Quarterly trend provides important context for understanding broader macroeconomic conditions and guiding fiscal and monetary policy decisions.
Key Facts
- Consumer spending accounts for over two-thirds of U.S. GDP.
- Quarterly data is released with a one-month lag.
- Trends in consumer spending often foreshadow broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total value of consumer purchases of goods and services in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Quarterly consumer spending is a crucial indicator of economic health and consumer demand, closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Q: How is this trend used in economic policy?
A: The Quarterly trend provides important context for understanding broader macroeconomic conditions and guiding fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data is released with a one-month lag.
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Citation
U.S. Federal Reserve, Quarterly (CZECP070200GPQ), retrieved from FRED.