Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
Growth rate previous period, Quarterly
DNKPIEATI02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.79
Year-over-Year Change
88.10%
Date Range
4/1/1985 - 1/1/2019
Summary
The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter change in real GDP in Denmark. This key macroeconomic indicator provides insights into the pace of economic growth and is closely tracked by policymakers and analysts.
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
This metric represents the percentage change in Denmark's real gross domestic product (GDP) from the previous quarter. It is a widely used barometer of the country's economic performance and is closely monitored by the Danish central bank, government, and international institutions for policy decisions and market analysis.
Methodology
The data is collected and calculated by Statistics Denmark, the national statistical institute.
Historical Context
Policymakers use this trend to gauge the momentum of the Danish economy and inform monetary and fiscal policies.
Key Facts
- Denmark's GDP grew 0.9% in Q4 2022 compared to the previous quarter.
- The annualized GDP growth rate in Denmark was 3.9% in 2022.
- Denmark's economy has exhibited relatively stable quarterly growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Quarterly measures the quarter-over-quarter percent change in Denmark's real gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This key macroeconomic indicator provides insights into the pace of economic growth in Denmark, which is closely tracked by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark, the national statistical institute.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to gauge the momentum of the Danish economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of several weeks by Statistics Denmark.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPIEATI02GPQ), retrieved from FRED.