Consumer Price Index: All Items: Total for Portugal
Index source base, Quarterly
PRTCPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.06
Year-over-Year Change
14.42%
Date Range
1/1/1960 - 10/1/2023
Summary
The Index source base, Quarterly trend measures the quarterly changes in the base values of a price index, such as the Producer Price Index or the Consumer Price Index. This metric is important for economists and policymakers to track inflation and price dynamics.
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, Quarterly index tracks the quarterly percentage changes in the base values used to calculate various producer and consumer price indices. It provides insight into how the underlying data sources and methodologies are evolving over time, which is crucial for interpreting the headline price indices.
Methodology
This index is calculated by the U.S. Federal Reserve using data from the Bureau of Labor Statistics and other government sources.
Historical Context
The Index source base, Quarterly trend informs economic analysis and policy decisions related to inflation, monetary policy, and consumer/producer price dynamics.
Key Facts
- The index base year is updated periodically to maintain relevance.
- Quarterly changes in the index base can affect the measured inflation rate.
- The index provides transparency into methodological changes in key price indices.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly trend measures the quarterly percentage changes in the base values used to calculate major price indices like the Producer Price Index and Consumer Price Index.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important context for interpreting changes in headline price indices, as shifts in the underlying data sources and methodologies can impact the measured inflation rates.
Q: How is this data collected or calculated?
A: The Index source base, Quarterly is calculated by the U.S. Federal Reserve using data from the Bureau of Labor Statistics and other government sources.
Q: How is this trend used in economic policy?
A: The Index source base, Quarterly trend informs economic analysis and policy decisions related to inflation, monetary policy, and consumer/producer price dynamics.
Q: Are there update delays or limitations?
A: The Index source base, Quarterly data is published on a timely basis, with minimal delays, and provides comprehensive coverage of key price index base changes.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (PRTCPALTT01IXNBQ), retrieved from FRED.