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Index 2015=100, Quarterly, Not Seasonally Adjusted
ODCNPI03DKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.40
Year-over-Year Change
-30.43%
Date Range
1/1/1998 - 7/1/2023
Summary
The Index 2015=100, Quarterly, Not Seasonally Adjusted trend measures the overall price level of goods and services in the domestic economy, providing insights into inflation and consumer spending patterns.
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 index tracks the change in prices paid by domestic consumers for a representative basket of consumer goods and services. It is a key indicator of inflationary pressures and consumer purchasing power, informing policymakers and analysts on economic conditions.
Methodology
The data is collected through surveys of consumer expenditures and calculated using a base year of 2015.
Historical Context
This index is widely referenced by economists, central banks, and financial markets to assess the state of the economy and inform policy decisions.
Key Facts
- The index has a base year of 2015 with a value of 100.
- It is published on a quarterly basis by the U.S. Federal Reserve.
- The index tracks price changes across a wide range of consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall price level of goods and services purchased by domestic consumers, providing a broad indicator of inflation in the economy.
Q: Why is this trend relevant for users or analysts?
A: The consumer price index is a crucial metric for assessing the purchasing power of consumers and informing monetary policy decisions by central banks.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and calculated using a base year of 2015.
Q: How is this trend used in economic policy?
A: This index is widely referenced by economists, central banks, and financial markets to assess the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis by the U.S. Federal Reserve, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (ODCNPI03DKQ661N), retrieved from FRED.