Producer Prices Index: Economic Activities: Energy: Total for Portugal
Growth rate same period previous year, Quarterly
PRTPIEAEN01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.22
Year-over-Year Change
-370.52%
Date Range
1/1/2006 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of the Personal Rent Index, a key indicator of housing costs and overall 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 Personal Rent Index tracks the changes in prices paid by consumers for rent. The year-over-year growth rate provides insights into the pace of rent inflation and can inform policymakers and analysts about broader economic conditions.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index program.
Historical Context
Policymakers and economists use this indicator to assess consumer price pressures and guide monetary policy decisions.
Key Facts
- The Personal Rent Index is a component of the Consumer Price Index (CPI).
- Rent is one of the largest household expenses for many Americans.
- The year-over-year growth rate can signal changes in consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the Personal Rent Index, which tracks changes in the prices paid by consumers for rent.
Q: Why is this trend relevant for users or analysts?
A: The rent growth rate provides insights into housing costs and overall inflation, which are important considerations for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys by the U.S. Bureau of Labor Statistics as part of the Consumer Price Index program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess consumer price pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, providing timely insights into rent inflation trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PRTPIEAEN01GYQ), retrieved from FRED.