Consumer Price Index: Education (COICOP 10): Total for Slovak Republic
Quarterly
SVKCP100000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
420.43
Year-over-Year Change
23.67%
Date Range
1/1/2002 - 7/1/2023
Summary
The Quarterly trend measures seasonally adjusted quarterly change in prices for consumer products and services. It is a key indicator of inflation and a critical data point for economists and policymakers.
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 the percentage change in prices for a comprehensive basket of consumer goods and services on a quarterly basis. It is a widely followed gauge of inflation that informs monetary policy decisions and economic analyses.
Methodology
The data is collected through surveys of consumer purchases and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Quarterly inflation data is closely monitored by the Federal Reserve and other institutions to assess the health of the economy and guide policy interventions.
Key Facts
- Quarterly change is measured as a percentage.
- The trend data is released by the U.S. Bureau of Economic Analysis.
- Quarterly inflation is a key input for Federal Reserve policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the percentage change in prices for a broad basket of consumer goods and services on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Quarterly inflation data is a critical indicator of economic conditions and a key input for monetary policy decisions by the Federal Reserve and other institutions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Quarterly inflation data is closely monitored by the Federal Reserve and other policymakers to assess the health of the economy and guide policy interventions.
Q: Are there update delays or limitations?
A: The Quarterly trend data is released on a timely basis by the U.S. Bureau of Economic Analysis, with minimal delays.
Related Trends
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Slovak Republic
SLRTTO01SKA661N
Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Slovak Republic
LREM55TTSKQ156S
Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Slovak Republic
LFHUADTTSKM647N
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Slovak Republic
LFEAMNTTSKQ647S
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Future Tendency for Slovak Republic
BVDEFT02SKM460S
Production: Industry: Total Industry Excluding Construction for Slovak Republic
SVKPRINTO01GYSAM
Citation
U.S. Federal Reserve, Quarterly (SVKCP100000IXNBQ), retrieved from FRED.