Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Russia
Quarterly
RUSCP030000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.96
Year-over-Year Change
6.74%
Date Range
1/1/2004 - 10/1/2021
Summary
The Quarterly trend measures the volume index of non-business purchases, a key economic indicator for consumer spending and demand.
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 Quarterly trend tracks changes in the inflation-adjusted volume of household, government, and nonprofit purchases, excluding business-related spending. This metric provides insight into the strength of consumer and public-sector demand within the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts.
Historical Context
The Quarterly trend is closely monitored by policymakers, analysts, and investors to assess economic health and make informed decisions.
Key Facts
- The Quarterly trend has a base year of 2012.
- Purchases by households, governments, and nonprofits account for over 80% of GDP.
- The index is adjusted for inflation to measure real, volume-based changes.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the volume index of non-business purchases, which includes household, government, and nonprofit spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of consumer and public-sector demand, which is a key driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts.
Q: How is this trend used in economic policy?
A: The Quarterly trend is closely monitored by policymakers, analysts, and investors to assess economic health and make informed decisions.
Q: Are there update delays or limitations?
A: The Quarterly trend data is released on a regular schedule by the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Quarterly (RUSCP030000IXNBQ), retrieved from FRED.