Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Euro Area (19 Countries)
Growth rate previous period, Quarterly
EA19PITGCD02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.25
Year-over-Year Change
334.79%
Date Range
4/1/2000 - 10/1/2022
Summary
The Growth rate previous period, Quarterly trend measures the quarter-over-quarter growth rate of the Euro area's GDP. This indicator provides insights into the economic health and performance of the Eurozone.
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 metric represents the percentage change in the Euro area's real GDP from the previous quarter. This statistic is a key indicator used by economists and policymakers to assess the Eurozone's overall economic growth and development.
Methodology
The data is calculated by the European Central Bank using official GDP figures.
Historical Context
This trend is widely followed by financial markets, central banks, and economic analysts to gauge the Eurozone's macroeconomic conditions.
Key Facts
- The Eurozone economy grew 0.2% in Q1 2023 compared to the previous quarter.
- GDP growth has slowed in the Eurozone since the COVID-19 pandemic.
- Quarterly GDP growth rates provide a timely signal of economic momentum.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in the Euro area's real GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the Eurozone's overall economic health and performance, closely watched by policymakers, financial markets, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the European Central Bank using official GDP figures for the Eurozone.
Q: How is this trend used in economic policy?
A: Quarterly GDP growth rates are used by the European Central Bank and other institutions to assess the Eurozone's macroeconomic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical publication lag of several weeks after the end of the reference quarter.
Related Trends
Harmonized Index of Consumer Prices: Other Services Relating to the Dwelling N.e.c. for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
CP0444EZCCM086NEST
International Trade: Net trade: Value (goods): Total for the Euro Area
EA19XTNTVA01STSAQ
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Montenegro
CP0121MI15MEM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Albania
TOTNRGFOODALMI15XM086NEST
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Euro Area (19 Countries)
CCUSMA02EZM618N
Inactive Population: Aged 25-54: All Persons for the Euro Area (19 Countries)
LFIN25TTEZQ647N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (EA19PITGCD02GPQ), retrieved from FRED.