Percent Change, Quarterly, Not Seasonally Adjusted
DEUULCMANQPNMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.21
Year-over-Year Change
-158.87%
Date Range
4/1/1970 - 1/1/2011
Summary
This economic trend measures the quarterly percent change in unit labor costs for the manufacturing sector in Germany. It provides insights into inflationary pressures and competitiveness.
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
Unit labor costs (ULC) represent the average cost of labor per unit of output and are a key indicator of an economy's competitiveness. The percent change in ULC is widely used by economists and policymakers to assess inflationary trends and monitor the health of the manufacturing sector.
Methodology
The data is calculated by the German Federal Statistical Office based on labor compensation and productivity statistics.
Historical Context
Policymakers and analysts monitor this trend to inform decisions around monetary policy, trade, and industrial development.
Key Facts
- Quarterly data, not seasonally adjusted.
- Measures average cost of labor per unit of output.
- Provides insights into inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in unit labor costs for the manufacturing sector in Germany.
Q: Why is this trend relevant for users or analysts?
A: Unit labor costs are a key indicator of an economy's competitiveness and inflationary pressures, making this trend important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the German Federal Statistical Office based on labor compensation and productivity statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to inform decisions around monetary policy, trade, and industrial development.
Q: Are there update delays or limitations?
A: The data is released quarterly, with no major update delays or limitations.
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Citation
U.S. Federal Reserve, Percent Change, Quarterly, Not Seasonally Adjusted (DEUULCMANQPNMEI), retrieved from FRED.