Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Luxembourg
Growth rate same period previous year
LUXCPHP0300GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-76.92%
Date Range
1/1/1997 - 3/1/2025
Summary
The Growth Rate Same Period Previous Year tracks the annual change in a variable compared to the same period a year earlier. This metric provides insight into economic trends and is widely used by policymakers and analysts.
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 Same Period Previous Year measures the percent change in a variable between the current period and the same period one year ago. This allows for meaningful comparisons that account for seasonal patterns and provides a clearer picture of underlying growth trends.
Methodology
The data is calculated as the percent change between the current value and the value from the same period in the previous year.
Historical Context
This trend is closely monitored by central banks, government agencies, and financial analysts to assess the health of the economy and inform policy decisions.
Key Facts
- The metric can capture turning points in the economy more clearly than month-over-month changes.
- Growth rates are used to adjust for inflation and seasonal factors when analyzing economic data.
- Policymakers closely monitor this metric to assess the effectiveness of their interventions.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year tracks the annual percent change in a variable compared to the same period a year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying economic growth trends by accounting for seasonal patterns and allowing for meaningful year-over-year comparisons.
Q: How is this data collected or calculated?
A: The data is calculated as the percent change between the current value and the value from the same period in the previous year.
Q: How is this trend used in economic policy?
A: Central banks, government agencies, and financial analysts closely monitor this metric to assess the health of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The timeliness and availability of this data may vary depending on the specific series and data source.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Luxembourg
LFEM25FELUA647S
Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Luxembourg
LFHU24TTLUA647N
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Luxembourg
LFEM24MALUA647N
Value of Exports to Luxembourg from Maryland
MDLUXA052SCEN
Business Tendency Surveys: Composite Business Confidence: Economic Activity: Construction for Luxembourg
BCCICP02LUM460S
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Luxembourg
LFAC64MALUQ647S
Citation
U.S. Federal Reserve, Growth rate same period previous year (LUXCPHP0300GYM), retrieved from FRED.