Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for United States
Index 2015=100
USACPIHICMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.47
Year-over-Year Change
2.62%
Date Range
12/1/2001 - 12/1/2024
Summary
The 'Index 2015=100' measures the consumer price index (CPI) for the United States, a key indicator of inflation and cost of living.
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 CPI tracks the average change in prices paid by consumers for a basket of goods and services, and is used by policymakers, economists, and the public to gauge economic conditions.
Methodology
The CPI data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The CPI is closely watched by the Federal Reserve and other institutions for its influence on monetary and fiscal policy decisions.
Key Facts
- The CPI uses 2015 as its base year, with a value of 100.
- The CPI covers about 93% of the total U.S. population.
- Food and energy are major components of the CPI basket.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100' measures the consumer price index (CPI) for the United States, which tracks the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator of inflation and cost of living, and is closely watched by policymakers, economists, and the public to gauge economic conditions.
Q: How is this data collected or calculated?
A: The CPI data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The CPI is closely watched by the Federal Reserve and other institutions for its influence on monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data is typically released on a monthly basis with a short delay, and the methodology is subject to ongoing review and refinement.
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Citation
U.S. Federal Reserve, Index 2015=100 (USACPIHICMINMEI), retrieved from FRED.