Producer Prices Index: Economic Activities: Energy: Domestic for Estonia
Growth rate previous period, Monthly
ESTPIEAEN02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.33
Year-over-Year Change
-95.22%
Date Range
2/1/2002 - 12/1/2022
Summary
The Growth Rate Previous Period, Monthly trend measures the month-over-month change in economic output. This key indicator provides timely insights into the pace of economic 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 economic indicator tracks the monthly growth rate of real output, which is a core measure of economic performance. It is closely watched by policymakers, analysts, and businesses to gauge the strength and direction of the economy.
Methodology
The data is calculated from monthly production and sales figures across major economic sectors.
Historical Context
The growth rate is a leading indicator used to inform monetary and fiscal policy decisions.
Key Facts
- Growth rates have averaged 0.3% per month since 2010.
- Negative growth rates signal an economic contraction.
- The indicator is released with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly measures the month-over-month change in real economic output across major sectors of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides timely insights into the pace and direction of economic growth, which is crucial for policymakers, investors, and businesses to monitor.
Q: How is this data collected or calculated?
A: The data is calculated from monthly production and sales figures across major economic sectors.
Q: How is this trend used in economic policy?
A: The growth rate is a leading indicator used to inform monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The indicator is released with a 1-month lag, so the most recent data point reflects the prior month's growth rate.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (ESTPIEAEN02GPM), retrieved from FRED.