Consumer Price Index: All Items: Total for Hungary
Index source base, Monthly
HUNCPALTT01IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217.40
Year-over-Year Change
7.89%
Date Range
1/1/1980 - 11/1/2023
Summary
The Index source base, Monthly trend measures the monthly changes in the base index level for a specified source. This metric is widely used by economists and policymakers to analyze inflation, consumer demand, and overall economic conditions.
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 Index source base, Monthly index represents the base value for a specific data source, with the index set to 100 for a chosen reference period. This allows for analysis of relative changes in the underlying data over time, providing insights into broader economic trends.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This index is a key input for a variety of economic analyses and policy decisions.
Key Facts
- The index is set to a base value of 100.
- Monthly changes reflect changes in the underlying data source.
- Widely used for economic analysis and policymaking.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Monthly trend measures the monthly changes in the base index level for a specified data source.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into broader economic conditions and trends, such as inflation and consumer demand, making it a key input for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index source base, Monthly trend is a widely used input for a variety of economic analyses and policy decisions, including those made by governments, central banks, and financial institutions.
Q: Are there update delays or limitations?
A: The Federal Reserve provides timely updates to the Index source base, Monthly data, with minimal delays. As with any economic indicator, there may be limitations in terms of geographic or sectoral coverage.
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Citation
U.S. Federal Reserve, Index source base, Monthly (HUNCPALTT01IXNBM), retrieved from FRED.