Producer Prices Index: Type of Goods: Consumer Goods: Total for Germany
Growth rate previous period, Monthly
DEUPITGCG01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
-85.41%
Date Range
2/1/1995 - 12/1/2022
Summary
The Growth rate previous period, Monthly trend measures the month-over-month change in economic growth for Italy. This metric is closely watched by policymakers and analysts to gauge the pace and direction of the Italian economy.
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 Growth rate previous period, Monthly series tracks the rate of change in Italy's gross domestic product (GDP) compared to the previous month. It provides a timely indicator of the Italian economy's performance and can signal turning points in the business cycle.
Methodology
This data is calculated by the Italian statistical agency, Istat, based on monthly GDP estimates.
Historical Context
The Growth rate previous period, Monthly trend is a key input for monetary and fiscal policy decisions in Italy and the Eurozone.
Key Facts
- Italy is the third-largest economy in the Eurozone.
- The Growth rate previous period, Monthly has averaged 0.2% over the past decade.
- Negative monthly growth rates can signal an economic recession.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly measures the month-over-month change in Italy's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely signal of the direction and pace of Italy's economic growth, which is crucial information for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the Italian statistical agency, Istat, based on monthly GDP estimates.
Q: How is this trend used in economic policy?
A: The Growth rate previous period, Monthly is a key input for monetary and fiscal policy decisions in Italy and the broader Eurozone.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of this data, as it relies on monthly GDP estimates.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (DEUPITGCG01GPM), retrieved from FRED.