Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Japan

Growth rate same period previous year, Monthly

CPGREN01JPM659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.32

Year-over-Year Change

-180.93%

Date Range

1/1/1956 - 6/1/2021

Summary

The growth rate same period previous year, monthly trend measures the percent change in a given economic indicator compared to the same month of the previous year. This metric is widely used by economists and policymakers to analyze economic performance and identify broader trends.

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 growth rate trend allows for the evaluation of economic indicators over time, adjusting for seasonal factors. It is a valuable tool for assessing the relative strength or weakness of the economy compared to the prior year, providing important context for interpreting current conditions.

Methodology

The data is collected and calculated by the U.S. Federal Reserve.

Historical Context

Policymakers and market analysts closely monitor this growth rate metric to inform decisions and forecasts.

Key Facts

  • The growth rate is calculated as the percent change from the same month in the previous year.
  • This metric adjusts for seasonal variations in the underlying economic data.
  • The growth rate trend provides important context for interpreting the current state of the economy.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percent change in a given economic indicator compared to the same month of the previous year, allowing for the evaluation of economic performance over time.

Q: Why is this trend relevant for users or analysts?

A: This growth rate metric is widely used by economists and policymakers to analyze economic conditions and identify broader trends, providing important context for interpreting current economic data.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts closely monitor this growth rate trend to inform decisions and forecasts related to the state of the economy.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, with some potential for minor delays in the release of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPGREN01JPM659N), retrieved from FRED.