Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Denmark
Growth rate same period previous year, Monthly
DNKPITGIG02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.29
Year-over-Year Change
12.49%
Date Range
1/1/1986 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in the Danish production index for the manufacturing industry. This metric is closely watched by economists to assess the health and direction of the Danish manufacturing sector.
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 Danish production index for the manufacturing industry tracks changes in the volume of industrial production over time. The year-over-year growth rate provides insight into the momentum and trajectory of the manufacturing sector, a key driver of the Danish economy.
Methodology
The data is collected through monthly surveys of manufacturing firms in Denmark.
Historical Context
Policymakers and analysts use this index to inform assessments of the broader Danish economy and make decisions around monetary and fiscal policy.
Key Facts
- Denmark is a major exporter of manufactured goods.
- The manufacturing sector accounts for over 15% of Danish GDP.
- Positive growth in this index signals economic expansion.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in the volume of industrial production in the Danish manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and direction of the Danish manufacturing industry, a key driver of the broader Danish economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms in Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to inform assessments of the Danish economy and make decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 4-6 weeks.
Related Trends
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Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Denmark
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Consumer Price Index: Harmonized Prices: Energy: Total for Denmark
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National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Denmark
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People 15 Years and Over Saving at a Financial Institution in the Past Year for Denmark
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Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Denmark
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DNKPITGIG02GYM), retrieved from FRED.