Producer Prices Index: Type of Goods: Investments Goods: Total for Estonia
Growth rate same period previous year, Quarterly
ESTPITGVG01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.88
Year-over-Year Change
-618.91%
Date Range
1/1/2003 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year change in economic output, providing insights into the pace and direction of economic expansion or contraction.
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 quarterly growth rate tracks the percent change in a key economic indicator compared to the same quarter in the previous year. It is a widely followed metric that helps economists and policymakers assess the overall health and momentum of the economy.
Methodology
The data is calculated from underlying national accounts statistics published by government statistical agencies.
Historical Context
Analysts and institutions use this growth rate to monitor business cycle trends and inform economic policy decisions.
Key Facts
- The Q4 2022 growth rate was 1.0% year-over-year.
- This metric can signal an economic expansion or recession.
- It is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percent change in a key economic indicator, providing insights into the pace and direction of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a widely followed indicator that helps economists and policymakers assess the overall health and momentum of the economy.
Q: How is this data collected or calculated?
A: The data is calculated from underlying national accounts statistics published by government statistical agencies.
Q: How is this trend used in economic policy?
A: Analysts and institutions use this growth rate to monitor business cycle trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (ESTPITGVG01GYQ), retrieved from FRED.