Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Normalised for the Euro Area (19 Countries)
EA19LORSGPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.12
Year-over-Year Change
1.22%
Date Range
3/1/1960 - 8/1/2022
Summary
The Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Normalised for the Euro Area (19 Countries) tracks the trend in the Euro area's overall economic activity and growth.
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 leading indicator provides a forward-looking assessment of the Euro area's economic performance. It is used by policymakers and analysts to anticipate changes in the broader economy and guide policy decisions.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This indicator is closely monitored by central banks and governments to inform macroeconomic policies.
Key Facts
- The indicator is normalized to a base year of 2015.
- It covers the 19 countries in the Eurozone economic area.
- The data is published monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the overall economic activity and growth trends in the Eurozone. It provides a forward-looking assessment of the region's economic performance.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by policymakers, economists, and investors to anticipate changes in the broader Eurozone economy and inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Central banks and governments closely monitor this indicator to inform macroeconomic policies and anticipate changes in the Eurozone's economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly by the OECD with no significant update delays.
Related Trends
Harmonized Index of Consumer Prices: Energy for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
ENRGY0EZCCM086NEST
National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product - Total for the Euro Area (19 Countries)
NAEXCP01EZQ189S
Consumer Price Index: Harmonised Prices: Actual Rentals for Housing: Total for the Euro Area (19 Countries)
CPHPHO01EZM661N
Labor Compensation: Earnings: Manufacturing: Hourly for Euro Area (19 Countries)
LCEAMN01EZQ657S
Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Albania
CP02MI15ALM086NEST
Labor Compensation: Earnings: Manufacturing: Hourly for Euro Area (19 Countries)
LCEAMN01EZA659S
Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Normalised for the Euro Area (19 Countries) (EA19LORSGPNOSTSAM), retrieved from FRED.