Producer Prices Index: Economic Activities: Energy: Total for Luxembourg
Growth rate same period previous year, Quarterly
LUXPIEAEN01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.47
Year-over-Year Change
586.11%
Date Range
1/1/2001 - 10/1/2022
Summary
The growth rate same period previous year, Quarterly trend measures the year-over-year change in a given economic variable on a quarterly basis. This metric is widely used by economists and policymakers to analyze economic momentum and guide policy decisions.
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 economic indicator tracks the annualized percent change in a key economic variable from the same quarter in the previous year. It provides insight into the underlying growth dynamics and helps identify turning points in the business cycle.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic time series.
Historical Context
Policymakers and analysts closely monitor this trend to assess the strength and direction of the broader economy.
Key Facts
- The trend is reported on a quarterly basis by the U.S. Federal Reserve.
- It provides a measure of economic momentum compared to the same period a year earlier.
- Analysts use this data to identify turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a key economic variable on a quarterly basis, providing insight into the underlying growth dynamics of the economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to assess the strength and direction of the broader economy, helping to guide policy decisions and identify potential turning points in the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic time series.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to evaluate the overall health of the economy and make informed decisions regarding monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis by the U.S. Federal Reserve, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (LUXPIEAEN01GYQ), retrieved from FRED.