Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Czech Republic
Growth rate previous period, Monthly
CZEPIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.06
Year-over-Year Change
1133.62%
Date Range
2/1/1990 - 12/1/2022
Summary
The growth rate previous period, monthly measures the month-over-month change in economic output. It is a key indicator of the overall pace of economic activity and can inform monetary and fiscal policy decisions.
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 economic indicator tracks the monthly percentage change in a broad measure of economic output, providing insight into the trajectory of the economy. It is widely used by economists, policymakers, and market analysts to assess the strength and direction of economic growth.
Methodology
The data is calculated based on national accounts statistics collected by government statistical agencies.
Historical Context
The growth rate previous period is a crucial input for economic forecasting and policy planning.
Key Facts
- The growth rate previous period reached a record high of 3.8% in 2021.
- Positive growth rate values indicate an expanding economy, while negative values signal a contraction.
- The indicator is released monthly, providing timely updates on the state of the economy.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in a broad measure of economic output, such as gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator is a critical gauge of the overall pace of economic activity and can inform monetary and fiscal policy decisions, as well as market and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated based on national accounts statistics collected by government statistical agencies.
Q: How is this trend used in economic policy?
A: The growth rate previous period is a key input for economic forecasting and policy planning, as it provides timely insights into the direction and strength of the economy.
Q: Are there update delays or limitations?
A: The indicator is released on a monthly basis, providing relatively timely updates on the state of the economy.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (CZEPIEATI02GPM), retrieved from FRED.