Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Japan
Growth rate same period previous year, Monthly
JPNPIEAFD02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.26
Year-over-Year Change
170.52%
Date Range
1/1/1961 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in a specific economic indicator on a monthly basis. This metric is closely watched by economists and policymakers to assess 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 monthly growth rate metric compares the current period's value to the same period one year earlier, providing insight into the trajectory of the underlying economic variable. It is used to analyze economic performance and inform policy decisions.
Methodology
The data is calculated by the relevant statistical agency by comparing the current month's figure to the same month in the prior year.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge the health of the economy and inform their decisions.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric adjusts for seasonal variations in the data.
- It provides a high-level signal of economic momentum.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a given economic indicator on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of economic performance and is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by comparing the current month's figure to the same month in the prior year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the pace of economic expansion or contraction and inform their decisions.
Q: Are there update delays or limitations?
A: There may be delays in the data release, and the metric may be subject to revisions as more complete information becomes available.
Related Trends
Sales: Retail Trade: Car Registration: Passenger Cars for Japan
SLRTCR03JPA657S
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Japan
IRLTLT01JPM156N
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Japan
JPNCP050000IXNBM
Gross National Income for Japan
MKTGNIJPA646NWDB
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Japan
PRINTO01JPA661N
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Japan
CRDQJPAPABIS
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (JPNPIEAFD02GYM), retrieved from FRED.