Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan
Growth rate previous period, Quarterly
JPNPITGND02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-152.19%
Date Range
4/1/1970 - 1/1/2022
Summary
The growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in Japan's industrial production index. This key economic indicator provides insight into the health and direction of Japan's manufacturing sector.
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 metric tracks the percent change in Japan's overall industrial production compared to the previous quarter. It is a widely followed economic indicator used by policymakers, analysts, and investors to assess the strength of Japan's industrial economy.
Methodology
The data is collected through surveys of industrial facilities in Japan and calculated as a quarter-over-quarter percent change.
Historical Context
This trend is closely watched by the Bank of Japan and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- Japan is the world's third-largest economy by GDP.
- Manufacturing accounts for over 20% of Japan's GDP.
- Industrial production is a leading indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in Japan's industrial production index.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insight into the health and direction of Japan's manufacturing sector, which is a critical component of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities in Japan and calculated as a quarter-over-quarter percent change.
Q: How is this trend used in economic policy?
A: This trend is closely watched by the Bank of Japan and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, providing timely insights into Japan's industrial production.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (JPNPITGND02GPQ), retrieved from FRED.