Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland
Growth rate same period previous year, Quarterly
IRLCP040300GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.07
Year-over-Year Change
-54.01%
Date Range
1/1/1991 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year change in the cost of living index for selected countries on a quarterly basis. This metric is a key indicator of inflation and 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
This quarterly series tracks the annualized percent change in the cost of living index compared to the same quarter of the previous year. It provides insight into broader inflationary trends and can inform economic policy decisions.
Methodology
The data is calculated from official consumer price index (CPI) figures reported by national statistical agencies.
Historical Context
Policymakers and analysts use this metric to assess inflationary pressures and guide monetary policy actions.
Key Facts
- Quarterly data series dating back to 1960.
- Measures year-over-year change in cost of living index.
- Helps guide central bank decisions on interest rates.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year percent change in the cost of living index on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into broader inflationary pressures, which is crucial information for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is calculated from official consumer price index (CPI) figures reported by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this metric to assess inflationary conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical 1-2 month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (IRLCP040300GYQ), retrieved from FRED.