Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Estonia

Growth rate same period previous year, Monthly

CPGRLE01EEM659N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.55

Year-over-Year Change

0.53%

Date Range

1/1/1998 - 4/1/2025

Summary

The growth rate same period previous year, monthly trend measures the year-over-year percent change in a specific economic indicator. This provides important context for interpreting the current state of the U.S. 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

This economic indicator tracks the year-over-year percent change in a variable of interest, such as consumer prices, employment, or industrial production. Analyzing the growth rate compared to the prior year reveals broader trends and cyclical patterns beyond just the month-over-month change.

Methodology

The U.S. Federal Reserve calculates this growth rate using the formula (Current Value - Prior Year Value) / Prior Year Value.

Historical Context

Economists and policymakers closely monitor these year-over-year growth rates to gauge the pace of economic expansion or contraction.

Key Facts

  • The growth rate can be positive, negative, or zero.
  • Rapid year-over-year growth may signal an overheating economy.
  • Persistent negative growth rates indicate an economic recession.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the year-over-year percent change in a specific economic variable, providing context on the broader direction of the economy.

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

A: The year-over-year growth rate is a key metric used by economists and policymakers to assess the pace of economic expansion or contraction.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve calculates this growth rate using the formula (Current Value - Prior Year Value) / Prior Year Value.

Q: How is this trend used in economic policy?

A: Central banks and governments closely monitor these growth rates to guide monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: This data is released on a monthly basis, with a typical lag of 1-2 months from the reference period.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Monthly (CPGRLE01EEM659N), retrieved from FRED.