Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Luxembourg
Growth rate same period previous year, Monthly
CPGREN01LUM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.07
Year-over-Year Change
-53.83%
Date Range
1/1/1968 - 4/1/2025
Summary
The growth rate same period previous year, monthly measures the percent change in a given economic indicator compared to the same month of the previous year. This metric provides insights into long-term trends and seasonal patterns.
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 series tracks the year-over-year growth rate of an economic variable on a monthly basis. Economists and policymakers use this data to analyze the underlying momentum and direction of the economy, complement other indicators, and inform policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on monthly surveys and other sources.
Historical Context
The growth rate same period previous year is a key input for monitoring macroeconomic conditions and can influence monetary and fiscal policy.
Key Facts
- The series dates back to 1959.
- The latest reading is 6.4% as of March 2023.
- High growth rates can signal inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the percent change in a given economic indicator compared to the same month of the previous year, providing insights into long-term trends and seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers use the growth rate same period previous year to analyze underlying momentum and direction of the economy, complement other indicators, and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly surveys and other sources.
Q: How is this trend used in economic policy?
A: The growth rate same period previous year is a key input for monitoring macroeconomic conditions and can influence monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, typically within a few weeks after the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPGREN01LUM659N), retrieved from FRED.