Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Denmark
Growth rate same period previous year, Quarterly
DNKPITGND01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
-79.57%
Date Range
1/1/1986 - 10/1/2022
Summary
This economic trend measures the year-over-year growth rate of a specific indicator on a quarterly basis. It provides insights into the pace of economic change and is closely monitored 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
The growth rate same period previous year, Quarterly trend tracks the percentage change in an economic indicator compared to the same quarter in the prior year. This allows for seasonal adjustments and is a key metric for analyzing economic performance and identifying emerging trends.
Methodology
The data is calculated based on quarterly economic indicator values reported by statistical agencies.
Historical Context
This metric is widely used by central banks, government agencies, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- The growth rate is calculated as a percentage change.
- This metric allows for seasonal adjustments in economic data.
- Policymakers use this trend to monitor the pace of economic change.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a specific economic indicator on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the pace of economic change and is closely monitored by policymakers and analysts to inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on quarterly economic indicator values reported by statistical agencies.
Q: How is this trend used in economic policy?
A: This metric is widely used by central banks, government agencies, and private sector analysts to assess economic performance and identify emerging trends.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks following the end of the reporting period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKPITGND01GYQ), retrieved from FRED.