Monitor US Prelim GDP Price Index q/q to gauge inflation trends and economic health.
This data is presented on a quarterly basis but reported in an annualized format by multiplying the quarterly change by four. The 'Previous' value reflects the 'Actual' from the Advance release, which may cause the 'History' data to seem disconnected.
What it Measures
The annualized variation in the prices of all goods and services represented in GDP.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is favorable for the currency.
Source & Frequency
Bureau of Economic Analysis (latest release) - https://www.bea.gov/ • Published quarterly, typically around 60 days following the conclusion of the quarter.
How Data is Derived
N/A
Also Known As
GDP Deflator
Acronym
Gross Domestic Product (GDP)