Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
Growth rate same period previous year, Monthly
DNKPIEATI02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.41
Year-over-Year Change
-54.07%
Date Range
1/1/1986 - 4/1/2019
Summary
The growth rate same period previous year, monthly tracks the year-over-year change in a key Danish economic indicator on a monthly basis. This measure provides valuable insights into the pace of Denmark's economic activity.
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 series represents the year-on-year percentage change in a crucial indicator of Danish economic performance, calculated on a monthly basis. It is widely used by economists and policymakers to analyze trends in the Danish economy and inform policy decisions.
Methodology
The data is collected and calculated by Statistics Denmark, the country's official statistical agency.
Historical Context
This trend is closely monitored by the Danish government, central bank, and financial markets to assess the strength of the Danish economy.
Key Facts
- Denmark is a major European economy.
- This trend tracks a key indicator of Danish GDP.
- Data is released monthly by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in a major indicator of economic activity in Denmark on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the pace of economic growth in Denmark, a key European economy, which is important for investors, policymakers, and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Denmark, the country's official statistical agency.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Danish government, central bank, and financial markets to assess the strength of the Danish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by Statistics Denmark with minimal delays, providing timely information on the state of the Danish economy.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DNKPIEATI02GYM), retrieved from FRED.