Producer Prices Index: Economic Activities: Energy: Domestic for Hungary
Growth rate previous period, Quarterly
HUNPIEAEN02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.93
Year-over-Year Change
1859.72%
Date Range
4/1/1998 - 10/1/2022
Summary
The 'Growth rate previous period, Quarterly' series measures the quarter-over-quarter growth rate of real personal income excluding transfer payments, providing insight into the strength of consumer spending and the overall 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 series represents the percentage change in real personal income excluding transfer payments from the previous quarter. It is a key indicator of consumer purchasing power and an important metric for economists and policymakers in assessing the health of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on personal income and price index figures.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions to gauge consumer confidence and inform monetary policy decisions.
Key Facts
- The series is reported on a quarterly basis.
- It excludes transfer payments like Social Security and unemployment benefits.
- Positive growth indicates expanding consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarter-over-quarter percentage change in real personal income excluding transfer payments, providing insight into the strength of consumer spending and economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer purchasing power and an important gauge of the overall health of the U.S. economy, closely watched by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on personal income and price index figures.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to assess consumer confidence and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical release lag of several weeks after the end of the quarter.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (HUNPIEAEN02GPQ), retrieved from FRED.