Producer Prices Index: Type of Goods: Investments Goods: Total for Denmark
Growth rate previous period, Monthly
DNKPITGVG01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.35
Year-over-Year Change
-193.21%
Date Range
1/1/1985 - 12/1/2022
Summary
The growth rate previous period, monthly tracks the month-over-month change in a key economic indicator. This timely metric provides insight into the momentum and direction 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
This series measures the monthly growth rate of a specific economic variable compared to the previous period. It is a widely-used indicator that economists and policymakers analyze to understand short-term trends and forecast future economic conditions.
Methodology
The data is calculated by the relevant statistical agency based on surveys and other primary sources.
Historical Context
Policymakers and analysts monitor this indicator to inform decisions on monetary policy, fiscal stimulus, and other interventions.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric is released on a monthly basis by the national statistical agency.
- Analysts use the growth rate to track the business cycle and economic performance.
FAQs
Q: What does this economic trend measure?
A: This series tracks the month-over-month percent change in a key economic indicator for Denmark. It provides insight into the momentum and direction of the Danish economy.
Q: Why is this trend relevant for users or analysts?
A: This timely growth rate metric is closely watched by economists, policymakers, and investors to assess short-term economic conditions and inform decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the relevant statistical agency based on surveys and other primary sources.
Q: How is this trend used in economic policy?
A: Policymakers monitor this indicator to guide decisions on monetary policy, fiscal stimulus, and other interventions aimed at supporting economic growth.
Q: Are there update delays or limitations?
A: This monthly indicator is released in a timely manner, but may be subject to revisions as more complete data becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (DNKPITGVG01GPM), retrieved from FRED.