Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Switzerland
Quarterly
CCRETT02CHQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.60
Year-over-Year Change
4.54%
Date Range
1/1/1970 - 4/1/2025
Summary
The Quarterly trend measures the rate of change in real gross domestic product (GDP) in China. This key economic indicator provides insights into the overall health and growth trajectory of the Chinese economy.
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 trend represents the annualized quarter-over-quarter percent change in real GDP for China. It is a widely followed metric that helps economists and policymakers assess the pace of economic expansion or contraction in the world's second-largest economy.
Methodology
The data is calculated by the National Bureau of Statistics of China based on official GDP figures.
Historical Context
The Quarterly trend is closely monitored by global financial markets and used to inform economic policy decisions.
Key Facts
- China is the world's second-largest economy.
- Quarterly GDP growth averaged 6.7% from 2010-2019.
- The COVID-19 pandemic caused a 6.8% GDP contraction in Q1 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the annualized quarter-over-quarter percent change in real gross domestic product (GDP) for China.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly trend is a key indicator of China's overall economic health and growth trajectory, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the National Bureau of Statistics of China based on official GDP figures.
Q: How is this trend used in economic policy?
A: The Quarterly trend is closely monitored by global financial markets and used to inform economic policy decisions in China and around the world.
Q: Are there update delays or limitations?
A: The Quarterly trend data is typically released with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, CCRETT02CHQ661N (Quarterly), retrieved from FRED.