Chained Consumer Price Index for All Urban Consumers: Private Transportation in U.S. City Average
This dataset tracks chained consumer price index for all urban consumers: private transportation in u.s. city average over time.
Latest Value
188.40
Year-over-Year Change
-0.21%
Date Range
12/1/1999 - 7/1/2025
Summary
The Chained Consumer Price Index for All Urban Consumers: Private Transportation in U.S. City Average tracks changes in the prices paid by consumers for private transportation goods and services. This metric is a key economic indicator for monitoring inflation and consumer purchasing power.
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 Chained CPI for Private Transportation measures price changes for items like new and used vehicles, gasoline, auto parts and equipment, and other transportation-related expenses. It is used by economists and policymakers to assess the impact of price fluctuations on household budgets and consumer behavior.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer expenditures.
Historical Context
The Private Transportation CPI provides important context for the Federal Reserve's monetary policy decisions and analysis of consumer trends.
Key Facts
- The index is based on a market basket of private transportation goods and services.
- Private transportation accounts for over 15% of the total CPI for all urban consumers.
- The index uses a chained formula to better capture consumer substitution patterns.
FAQs
Q: What does this economic trend measure?
A: The Chained CPI for Private Transportation measures changes in the prices paid by consumers for a variety of private transportation-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending patterns and the impact of inflation on household budgets, which is crucial information for economic policymakers and analysts.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Labor Statistics based on a survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Private Transportation CPI is a key input for the Federal Reserve's monetary policy decisions and analysis of consumer trends.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around two weeks.
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Citation
U.S. Federal Reserve, Chained Consumer Price Index for All Urban Consumers: Private Transportation in U.S. City Average (SUUR0000SAT1), retrieved from FRED.