Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Finland
Growth rate same period previous year, Quarterly
FINPITGND01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.33
Year-over-Year Change
2364.88%
Date Range
1/1/1996 - 10/1/2022
Summary
The Growth rate same period previous year, Quarterly measures the year-over-year change in a key economic indicator on a quarterly basis. This metric is closely watched by economists and policymakers to assess the overall health and trajectory of the economy.
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 indicator tracks the percent change in a major economic variable compared to the same quarter in the previous year. It provides important context on the direction and pace of economic growth, helping analysts identify emerging trends and inform policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
Policymakers and market participants closely monitor this trend to gauge macroeconomic conditions and inform investment strategies.
Key Facts
- The growth rate is calculated on a quarterly basis.
- This metric provides important insights on the pace of economic expansion.
- Analysts use this data to identify turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The Growth rate same period previous year, Quarterly measures the year-over-year percent change in a key economic indicator on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the overall health and direction of the economy, helping inform investment decisions and policy actions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to gauge macroeconomic conditions and make informed decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, providing timely insights on the state of the economy.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (FINPITGND01GYQ), retrieved from FRED.