Producer Prices Index: Economic Activities: Energy: Total for Germany
Growth rate same period previous year, Monthly
DEUPIEAEN01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.91
Year-over-Year Change
-46.13%
Date Range
1/1/1996 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in Germany's Industrial Production Index. This metric is closely watched by economists and policymakers as an indicator of the country's manufacturing and industrial activity.
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
The Industrial Production Index tracks the real output of manufacturing, mining, and utility companies in Germany. The month-over-month growth rate in this index, compared to the same month a year prior, provides insight into the pace of industrial and economic expansion or contraction.
Methodology
This data is collected and calculated monthly by the German statistical agency, Destatis.
Historical Context
The growth rate in industrial production is a key input for the European Central Bank and other policymakers when evaluating the health of the German and Eurozone economies.
Key Facts
- Germany is the largest economy in the Eurozone.
- Manufacturing accounts for over 20% of Germany's GDP.
- The Industrial Production Index is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in Germany's Industrial Production Index, providing insight into the pace of the country's manufacturing and industrial activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists and policymakers as an important indicator of the health of the German and broader Eurozone economies.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the German statistical agency, Destatis.
Q: How is this trend used in economic policy?
A: The growth rate in industrial production is a key input for the European Central Bank and other policymakers when evaluating economic conditions and making policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into Germany's industrial and economic performance.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DEUPIEAEN01GYM), retrieved from FRED.