Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Czechia

Growth rate same period previous year, Quarterly

CZECPGRSE01GYQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.81

Year-over-Year Change

-54.91%

Date Range

1/1/1996 - 1/1/2025

Summary

The growth rate same period previous year, Quarterly metric measures the year-over-year change in economic output, providing insight into the pace and direction of the overall 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 quarterly indicator tracks the percent change in real gross domestic product (GDP) compared to the same quarter one year prior. It is a key barometer of economic expansion or contraction and is closely monitored by policymakers, analysts, and investors.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.

Historical Context

The growth rate same period previous year is used to assess the trajectory of the business cycle and inform monetary and fiscal policy decisions.

Key Facts

  • Reported quarterly by the U.S. Bureau of Economic Analysis.
  • Provides a year-over-year perspective on economic performance.
  • A positive growth rate indicates an expanding economy.

FAQs

Q: What does this economic trend measure?

A: The growth rate same period previous year, Quarterly metric measures the percent change in real gross domestic product (GDP) compared to the same quarter one year prior.

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

A: This indicator is a key barometer of economic expansion or contraction and is closely monitored by policymakers, analysts, and investors to assess the trajectory of the business cycle.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.

Q: How is this trend used in economic policy?

A: The growth rate same period previous year is used to inform monetary and fiscal policy decisions by providing insight into the pace and direction of the overall economy.

Q: Are there update delays or limitations?

A: The data is reported quarterly with a typical release lag of several weeks.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CZECPGRSE01GYQ), retrieved from FRED.