Producer Prices Index: Economic Activities: Energy: Domestic for Czech Republic
Growth rate same period previous year, Monthly
CZEPIEAEN02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.44
Year-over-Year Change
118.41%
Date Range
1/1/1995 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' metric measures the year-over-year percent change in an economic indicator on a monthly basis. This important gauge helps analysts and policymakers understand economic momentum and identify emerging trends.
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 monthly year-over-year growth rate of an unspecified economic indicator. It is a valuable tool for assessing the strength and direction of economic activity over time, as it accounts for seasonal fluctuations and provides a clearer picture of underlying trends.
Methodology
The data is calculated by the U.S. Federal Reserve by comparing the current month's value to the same month in the previous year.
Historical Context
This growth rate is closely monitored by economists, investors, and policymakers to inform decisions and policies.
Key Facts
- The metric is expressed as a percentage change.
- It helps identify turning points in the economic cycle.
- The data is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in an economic indicator on a monthly basis, providing insight into the momentum and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a valuable tool for assessing the strength of the economy, as it accounts for seasonal fluctuations and helps identify emerging trends that can inform decision-making by economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve by comparing the current month's value to the same month in the previous year.
Q: How is this trend used in economic policy?
A: This growth rate is closely monitored by policymakers to gauge the health of the economy and inform decisions related to monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (CZEPIEAEN02GYM), retrieved from FRED.