Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal
Index 2015=100
PRTCPIHICAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.15
Year-over-Year Change
23.11%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Index 2015=100' measures the Personal Consumption Expenditures (PCE) Price Index, a key indicator of consumer inflation in the United States.
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 PCE Price Index tracks changes in the prices paid by consumers for a broad range of goods and services. It is closely watched by the Federal Reserve and policymakers as a reliable gauge of broader price pressures within the economy.
Methodology
The U.S. Bureau of Economic Analysis calculates the PCE Price Index based on a comprehensive survey of household expenditures.
Historical Context
The PCE Price Index is a vital input for monetary policy decisions and economic analysis.
Key Facts
- The PCE Price Index has a base year of 2015 = 100.
- The PCE Price Index is a broader measure of inflation than the more well-known Consumer Price Index (CPI).
- The Federal Reserve uses the PCE Price Index as its primary inflation target when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100' measures the Personal Consumption Expenditures (PCE) Price Index, a key indicator of consumer inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The PCE Price Index is closely watched by the Federal Reserve and policymakers as a reliable gauge of broader price pressures within the economy, making it a vital input for monetary policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates the PCE Price Index based on a comprehensive survey of household expenditures.
Q: How is this trend used in economic policy?
A: The Federal Reserve uses the PCE Price Index as its primary inflation target when setting monetary policy to maintain price stability and support economic growth.
Q: Are there update delays or limitations?
A: The PCE Price Index data is released monthly by the Bureau of Economic Analysis with a typical one-month lag.
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Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for Portugal
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Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Portugal
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Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Portugal
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Citation
U.S. Federal Reserve, Personal Consumption Expenditures: Chain-type Price Index (PRTCPIHICAINMEI), retrieved from FRED.