Producer Prices Index: Economic Activities: Energy: Total for Czech Republic
Growth rate same period previous year, Monthly
CZEPIEAEN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.95
Year-over-Year Change
48.56%
Date Range
1/1/2001 - 11/1/2022
Summary
The growth rate same period previous year, monthly measures the year-over-year percent change in an economic indicator, providing insight into the pace of economic expansion or contraction.
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 tracks the annual growth rate of a variable, offering a relative perspective on its performance compared to the prior year. It is a widely used indicator for economists and policymakers to assess underlying trends in the economy.
Methodology
The data is calculated as the percent change between the current month's value and the value from the same month of the previous year.
Historical Context
The growth rate same period previous year is a key input for analyzing business cycles, inflation, and other macroeconomic conditions.
Key Facts
- The metric is published monthly by the U.S. Federal Reserve.
- It provides a standardized view of economic performance compared to the prior year.
- The growth rate can signal expansionary or contractionary phases of the business cycle.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, monthly measures the year-over-year percent change in an economic indicator, providing insight into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a relative perspective on economic performance, allowing analysts to assess underlying trends and business cycle dynamics beyond just the current month's data.
Q: How is this data collected or calculated?
A: The data is calculated as the percent change between the current month's value and the value from the same month of the previous year.
Q: How is this trend used in economic policy?
A: The growth rate same period previous year is a key input for policymakers and economists analyzing macroeconomic conditions, inflation, and the broader business cycle.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve with a typical 1-2 month lag, so it may not reflect the most recent economic developments.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CZEPIEAEN01GYM), retrieved from FRED.