Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark
Growth rate previous period, Monthly
DNKPIEAFD02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.88
Year-over-Year Change
-550.44%
Date Range
2/1/1985 - 4/1/2019
Summary
The growth rate previous period, monthly measures the month-over-month change in Denmark's gross domestic product. This key economic indicator provides insights into the pace of economic expansion or contraction.
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 reflects the periodic change in Denmark's GDP, a comprehensive measure of national economic activity. This metric is widely followed by economists, policymakers, and investors to assess Denmark's macroeconomic performance and growth trajectory.
Methodology
The data is calculated based on official GDP statistics reported by Statistics Denmark.
Historical Context
The growth rate previous period, monthly is used to inform monetary and fiscal policy decisions, as well as investment strategies.
Key Facts
- Denmark's GDP grew 0.4% month-over-month in December 2022.
- The growth rate previous period reached a high of 2.3% in April 2021.
- This metric has shown positive growth for the past 12 consecutive months.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in Denmark's gross domestic product, a key indicator of economic performance.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the pace of Denmark's economic expansion or contraction, which is crucial for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP statistics reported by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly is used to inform monetary and fiscal policy decisions, as well as investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for slight delays in reporting.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (DNKPIEAFD02GPM), retrieved from FRED.