Producer Prices Index: Type of Goods: Investments Goods: Total for Hungary
Growth rate previous period, Quarterly
HUNPITGVG01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.07
Year-over-Year Change
136.41%
Date Range
4/1/1998 - 10/1/2022
Summary
The Growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP) in Hungary. This metric is a key indicator of economic performance and helps policymakers assess the health of the Hungarian 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
The Growth rate previous period, Quarterly tracks the percentage change in real GDP from the previous quarter in Hungary. This metric provides a timely snapshot of economic growth and is widely used by economists, analysts, and policymakers to understand the current state and trajectory of the Hungarian economy.
Methodology
The data is calculated by the Hungarian Central Statistical Office based on quarterly GDP estimates.
Historical Context
This economic indicator is closely monitored by the Hungarian National Bank and other government institutions to inform monetary and fiscal policy decisions.
Key Facts
- Hungary's GDP grew 1.1% in Q4 2022 compared to the previous quarter.
- The quarterly growth rate reached a high of 2.2% in Q2 2021.
- GDP growth has slowed in recent quarters amid global economic headwinds.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly measures the quarter-over-quarter change in real gross domestic product (GDP) in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely indicator of economic performance and is widely used to assess the health and trajectory of the Hungarian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Hungarian Central Statistical Office based on quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is closely monitored by the Hungarian National Bank and other government institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical 1-2 month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (HUNPITGVG01GPQ), retrieved from FRED.