Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G20
G20CPALTT01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.78
Year-over-Year Change
4.21%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) for the G20 economies measures changes in the prices of a basket of consumer goods and services. This key economic indicator is widely used by policymakers and analysts to track inflation and guide monetary policy decisions.
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 G20 CPI is a comprehensive measure of price changes across the major advanced and emerging economies. It tracks the average change in prices paid by consumers for a representative basket of goods and services, serving as a benchmark for assessing the purchasing power of currencies and the cost of living.
Methodology
The data is collected by national statistical agencies and compiled by the OECD to create a harmonized, internationally comparable price index.
Historical Context
Central banks and governments closely monitor the G20 CPI to evaluate inflationary pressures and make informed policy responses.
Key Facts
- The G20 CPI basket includes over 300 goods and services.
- The index uses a base year of 2015 = 100.
- The CPI is published monthly with a 1-2 month lag.
FAQs
Q: What does this economic trend measure?
A: The G20 Consumer Price Index (CPI) measures the average change in prices paid by consumers across the major advanced and emerging economies for a basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: The G20 CPI is a key metric used by policymakers, central banks, and economists to track inflationary pressures and assess the purchasing power of currencies across the world's largest economies.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by the OECD to create a harmonized, internationally comparable price index.
Q: How is this trend used in economic policy?
A: Central banks and governments closely monitor the G20 CPI to evaluate inflationary pressures and make informed monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI is published monthly with a 1-2 month lag, and the basket composition may not fully capture all consumer spending patterns across the diverse G20 economies.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G20 (G20CPALTT01IXOBM), retrieved from FRED.