Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Sweden
Growth rate same period previous year
CPGREN01SEQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.19
Year-over-Year Change
-111.70%
Date Range
1/1/1971 - 1/1/2025
Summary
The growth rate same period previous year measures the year-over-year change in a specified economic indicator. This metric is important for economists and policymakers to assess the pace of economic growth over time.
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 growth rate same period previous year calculates the percent change in an economic variable between the current period and the same period one year earlier. This allows for seasonal adjustments and provides insight into the long-term trajectory of the indicator.
Methodology
The data is calculated based on the formula: (Current Value - Previous Year Value) / Previous Year Value.
Historical Context
This growth rate is widely used to analyze trends in consumer prices, employment, industrial production, and other key economic measures.
Key Facts
- The growth rate can be positive, negative, or zero.
- It provides a longer-term perspective than month-over-month changes.
- The data is updated monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year measures the percent change in an economic indicator between the current period and the same period one year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the long-term trajectory of economic growth, adjusting for seasonal factors.
Q: How is this data collected or calculated?
A: The data is calculated as (Current Value - Previous Year Value) / Previous Year Value.
Q: How is this trend used in economic policy?
A: The growth rate is widely used by economists, policymakers, and market analysts to monitor and interpret trends in consumer prices, employment, industrial production, and other key economic measures.
Q: Are there update delays or limitations?
A: The data is updated monthly by the U.S. Federal Reserve with a short lag.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (CPGREN01SEQ659N), retrieved from FRED.