Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Hungary

Growth rate same period previous year

HUNCPHP0404GYM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.30

Year-over-Year Change

-25.00%

Date Range

12/1/2001 - 3/1/2025

Summary

The 'Growth rate same period previous year' metric measures the year-over-year change in a given economic indicator, providing insights into the pace 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 trend represents the annualized growth rate of an economic variable compared to the same period in the previous year. It is a widely used indicator to analyze economic performance and identify emerging trends over a longer time horizon.

Methodology

The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.

Historical Context

Policymakers and analysts closely monitor this metric to gauge the health and direction of the economy.

Key Facts

  • The growth rate is expressed as a percentage change.
  • This metric is available for a wide range of economic variables.
  • Positive values indicate economic expansion, while negative values signal contraction.

FAQs

Q: What does this economic trend measure?

A: The 'Growth rate same period previous year' metric measures the year-over-year change in a given economic indicator, providing insights into the pace of economic expansion or contraction.

Q: Why is this trend relevant for users or analysts?

A: This trend is widely used by policymakers, economists, and investors to analyze economic performance and identify emerging trends over a longer time horizon.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.

Q: How is this trend used in economic policy?

A: Policymakers closely monitor this metric to gauge the health and direction of the economy, informing their decision-making and policy responses.

Q: Are there update delays or limitations?

A: The data is published regularly by the Federal Reserve, with minimal update delays. However, the availability and timeliness of the underlying economic statistics may vary.

Related Trends

Citation

U.S. Federal Reserve, Growth rate same period previous year (HUNCPHP0404GYM), retrieved from FRED.