Producer Prices Index: Economic Activities: Manufacturing: Total for Denmark
Growth rate previous period, Quarterly
DNKPIEAMP01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.25
Year-over-Year Change
-422.92%
Date Range
4/1/1985 - 10/1/2022
Summary
The Growth rate previous period, Quarterly measure tracks the quarter-over-quarter change in GDP for Denmark. This metric is a key indicator of the overall health and momentum of the Danish 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, Quarterly series provides the sequential percentage change in Denmark's gross domestic product from one quarter to the next. Economists and policymakers closely monitor this real-time data point to gauge the pace of economic expansion or contraction.
Methodology
The data is calculated by the Danish statistical agency based on its quarterly GDP estimates.
Historical Context
This growth rate trend helps inform monetary and fiscal policy decisions by the central bank and government.
Key Facts
- Denmark's GDP grew 0.9% in Q4 2022 compared to the prior quarter.
- GDP growth slowed to 1.7% year-over-year in Q4 2022.
- The Danish economy expanded 3.0% in 2022 overall.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly series tracks the sequential percentage change in Denmark's gross domestic product from one quarter to the next.
Q: Why is this trend relevant for users or analysts?
A: This real-time growth rate data is a key indicator of the overall health and momentum of the Danish economy, helping to inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the Danish statistical agency based on its quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate helps the central bank and government assess the pace of economic expansion or contraction, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a relatively short time lag, providing timely insights into Denmark's economic performance.
Related Trends
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Consumer Price Index: Harmonized Prices: All Items: Total for Denmark
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Consumer Price Index: OECD Groups: Housing: Total for Denmark
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPIEAMP01GPQ), retrieved from FRED.