Consumer Price Index: All Items: Total for United States
Quarterly
USACPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
307.16
Year-over-Year Change
17.97%
Date Range
1/1/1960 - 10/1/2023
Summary
The Quarterly Consumer Price Index (CPI) for All Urban Consumers measures the average change in prices paid by consumers for a basket of goods and services. It is a key economic indicator used to track inflation and guide monetary policy decisions.
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 CPI for All Urban Consumers is a comprehensive measure of the average change in prices paid by urban consumers for a representative basket of goods and services. It is one of the most widely tracked economic indicators and is used by policymakers, economists, and the public to assess the overall cost of living and inflationary pressures in the U.S. economy.
Methodology
The CPI data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Historical Context
The Quarterly CPI is a critical input for the Federal Reserve's monetary policy decisions, as the central bank aims to maintain stable prices and moderate inflation.
Key Facts
- The CPI basket includes over 200 categories of goods and services.
- The index has a base year of 1982-84 = 100.
- The Quarterly CPI is released approximately 2 weeks after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumer Price Index (CPI) for All Urban Consumers measures the average change in prices paid by consumers for a basket of goods and services, providing a comprehensive measure of inflation in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly CPI is a critical economic indicator used by policymakers, economists, and the public to assess the overall cost of living and inflationary pressures, which informs monetary policy decisions and other economic analysis.
Q: How is this data collected or calculated?
A: The CPI data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Quarterly CPI is a key input for the Federal Reserve's monetary policy decisions, as the central bank aims to maintain stable prices and moderate inflation.
Q: Are there update delays or limitations?
A: The Quarterly CPI is released approximately 2 weeks after the end of each quarter, with a slight lag in the data reporting.
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Citation
U.S. Federal Reserve, Quarterly Consumer Price Index for All Urban Consumers (USACPALTT01IXNBQ), retrieved from FRED.