US Advance GDP Price Index q/q
Monitor the US Advance GDP Price Index q/q, a key inflation gauge influencing Fed policies and market trends.
Overview
This is the most comprehensive indicator of inflation, covering all activities accounted for in GDP, and serves as a key tool used by the central bank to evaluate inflation. Although this data reflects quarterly changes, it is presented in an annualized format (quarterly change multiplied by four).
Key Information
What it Measures
Annualized variation in the prices of all goods and services captured in GDP.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it positively influences the currency.
Source & Frequency
Bureau of Economic Analysis (latest release) - https://www.bea.gov/ • Published quarterly, approximately 30 days following the conclusion of the quarter.
How Data is Derived
N/A
Also Known As
GDP Deflator
Acronym
Gross Domestic Product (GDP)