Producer Prices Index: Economic Activities: Energy: Total for Austria
Growth rate same period previous year, Monthly
AUTPIEAEN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.19
Year-over-Year Change
-15.54%
Date Range
1/1/2001 - 12/1/2022
Summary
The Growth rate same period previous year, Monthly trend measures the year-over-year change in a selected economic indicator, providing insights into the pace of economic growth.
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
This monthly data series tracks the percentage change in a key economic indicator compared to the same month in the previous year. It is widely used by economists and policymakers to analyze the trajectory of the economy and inform decision-making.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This trend is a critical input for evaluating the health and direction of the U.S. economy.
Key Facts
- The data is released on a monthly basis.
- This metric is a key input for the Federal Reserve's monetary policy decisions.
- Year-over-year growth rates provide a more reliable signal of economic trends than month-over-month changes.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Monthly trend measures the percentage change in a selected economic indicator compared to the same month in the previous year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the pace and direction of economic growth, helping analysts and policymakers evaluate the health of the economy and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: This trend is a critical input for the Federal Reserve's monetary policy decisions, as it helps them assess the overall state of the economy and determine appropriate policy actions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (AUTPIEAEN01GYM), retrieved from FRED.