Gross Domestic Product by Expenditure in Constant Prices: Gross Fixed Capital Formation for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
NAEXKP04EUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.98
Year-over-Year Change
199.19%
Date Range
4/1/1995 - 10/1/2019
Summary
This economic indicator measures the quarterly growth rate of real GDP in the European Union, adjusted for seasonal factors. It provides insight into the pace of economic expansion or contraction in the region.
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, seasonally adjusted metric tracks the percentage change in real GDP from one quarter to the next, with seasonal variations removed. This data point is a key measure of economic performance used by policymakers, analysts, and investors to assess the EU's macroeconomic trends.
Methodology
The data is calculated by the European Union's statistical agency, Eurostat, based on its quarterly GDP estimates.
Historical Context
This indicator is closely monitored by the European Central Bank and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The EU's GDP grew 0.3% in Q4 2022 compared to the previous quarter.
- Eurozone GDP expanded 0.1% in Q4 2022 after a flat performance in Q3.
- Economic growth in the EU has slowed amid high inflation and rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly growth rate of real GDP in the European Union, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of GDP is a key metric used to assess the pace of economic expansion or contraction in the EU, providing important insights for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by Eurostat, the EU's statistical agency, based on its quarterly GDP estimates.
Q: How is this trend used in economic policy?
A: The European Central Bank and other economic institutions closely monitor this indicator to inform monetary and fiscal policy decisions for the European Union.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical delay of 45-60 days after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (NAEXKP04EUQ657S), retrieved from FRED.