Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Czech Republic
Growth rate previous period, Monthly
CZEPIEAFD01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.42
Year-over-Year Change
70.94%
Date Range
2/1/1996 - 11/1/2022
Summary
The Growth rate previous period, Monthly metric measures the month-over-month change in economic output. It is a key indicator of overall economic momentum and a focus for policymakers and analysts.
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 series tracks the growth rate of a key economic indicator - production, consumption, or investment - from the previous month. It provides a timely snapshot of the economy's direction and performance relative to the prior period.
Methodology
The data is calculated based on surveys and economic statistics compiled by the U.S. government.
Historical Context
The growth rate is widely used to assess current economic conditions and guide fiscal and monetary policy decisions.
Key Facts
- The metric is reported on a monthly basis.
- Growth rates can be positive or negative, indicating economic expansion or contraction.
- Economists closely monitor this indicator to assess the business cycle.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly metric measures the month-over-month change in a key economic indicator such as production, consumption, or investment.
Q: Why is this trend relevant for users or analysts?
A: This timely metric provides insight into the economy's direction and performance, making it a focus for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on surveys and economic statistics compiled by the U.S. government.
Q: How is this trend used in economic policy?
A: The growth rate is widely used to assess current economic conditions and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The metric is reported on a monthly basis, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (CZEPIEAFD01GPM), retrieved from FRED.