Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Costa Rica
Growth rate previous period, Monthly
CRIPIEAFD02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
-81.67%
Date Range
2/1/2000 - 12/1/2022
Summary
The Growth Rate Previous Period, Monthly metric measures the month-over-month change in an economic indicator, providing insight into the pace of economic activity.
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 metric calculates the percent change between the current month's value and the previous month's value for a given economic indicator. It is used by economists and policymakers to analyze trends and identify turning points in the business cycle.
Methodology
The data is calculated from the raw monthly values of the underlying economic indicator.
Historical Context
Analysts and institutions utilize this metric to monitor and forecast economic conditions.
Key Facts
- The metric is reported as a percentage change.
- It is calculated on a wide range of economic indicators.
- Month-over-month growth rates can signal economic acceleration or deceleration.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly metric measures the percent change between the current month's value and the previous month's value for a given economic indicator.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the pace of economic activity and can be used to identify turning points in the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated from the raw monthly values of the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Analysts and institutions utilize this metric to monitor and forecast economic conditions, which informs policymaking decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with the same update schedule as the underlying economic indicator.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (CRIPIEAFD02GPM), retrieved from FRED.