Consumer Price Index: All Items: Total for Russia
Index source base, Quarterly
RUSCPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
216.26
Year-over-Year Change
20.60%
Date Range
1/1/1992 - 1/1/2022
Summary
The Index Source Base, Quarterly trend measures changes in the base level of a specific price index over time. It is a key indicator used by economists and policymakers to analyze inflation and cost-of-living 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
This index tracks the underlying base value for a broader price index, rather than the index level itself. It provides important context for interpreting the magnitude and direction of price-level changes in the economy.
Methodology
The data is calculated based on the base-year reference value for the relevant price index.
Historical Context
Analysts use this metric to understand the drivers and pressures behind overall inflation trends.
Key Facts
- The base year for this index is 2015.
- It is calculated on a quarterly basis.
- The index reflects the underlying reference point for a broader price index.
FAQs
Q: What does this economic trend measure?
A: This trend measures the base-year reference value for a broader price index, providing context on the underlying drivers of inflation and price-level changes.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the magnitude and direction of price-level changes in the economy, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated based on the base-year reference value for the relevant price index.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess inflationary pressures and cost-of-living dynamics, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a potential delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index Source Base, Quarterly (RUSCPALTT01IXNBQ), retrieved from FRED.