Producer Prices Index: Type of Goods: Investments Goods: Domestic for Denmark
Growth rate previous period, Quarterly
DNKPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
836.85%
Date Range
4/1/1985 - 10/1/2022
Summary
The Growth rate previous period, Quarterly trend measures the quarter-over-quarter change in real gross domestic product (GDP) in Denmark. This metric is a key indicator of the country's economic performance and growth trajectory.
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 previous period, Quarterly series tracks the percentage change in Denmark's real GDP compared to the previous quarter. Economists and policymakers closely monitor this trend to assess the broader state of the Danish economy and identify emerging growth patterns.
Methodology
The data is calculated by the Danish statistical agency Statistics Denmark based on their comprehensive GDP estimates.
Historical Context
This economic indicator is widely used by analysts, investors, and government agencies to inform economic policy decisions and market assessments.
Key Facts
- Denmark's GDP grew 0.9% in Q4 2022 compared to the previous quarter.
- The country's economy expanded 3.9% in 2022 overall.
- Quarterly GDP growth has averaged 0.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in Denmark's real gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the pace and direction of Denmark's economic growth, which is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by Statistics Denmark based on their comprehensive GDP estimates.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth is a key input for Danish government and central bank policy decisions, as it helps assess the broader state of the economy and guide appropriate fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The Growth rate previous period, Quarterly data is typically published by Statistics Denmark within 2 months after the end of each quarter, providing timely insights into Denmark's economic performance.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPITGVG02GPQ), retrieved from FRED.