Producer Prices Index: Economic Activities: Manufacturing: Domestic for Japan
Growth rate same period previous year, Annual
PIEAMP02JPA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.48
Year-over-Year Change
-2251.51%
Date Range
1/1/1961 - 1/1/2022
Summary
This economic indicator measures the annual growth rate of personal income in Japan, providing insights into the country's economic health and consumer spending patterns.
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, Annual for Japan's personal income is a key metric used by economists and policymakers to analyze the country's economic performance. It reflects the year-over-year change in personal income, which is a fundamental driver of consumer spending and overall economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official statistics from the Japanese government.
Historical Context
This trend is closely monitored by analysts to assess the strength of Japan's consumer economy and guide policy decisions.
Key Facts
- Japan's personal income grew by 2.8% in 2021 compared to the previous year.
- Consumer spending accounts for over 50% of Japan's GDP.
- The personal income growth rate is a leading indicator of Japan's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of personal income in Japan, providing insight into the country's economic health and consumer spending patterns.
Q: Why is this trend relevant for users or analysts?
A: The personal income growth rate is a key economic indicator used by analysts and policymakers to assess the strength of Japan's consumer economy and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official statistics from the Japanese government.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by analysts to evaluate the performance of Japan's consumer economy and inform policy decisions related to economic growth, consumer spending, and monetary policy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as more complete information becomes available.
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Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Japan
JPNFCLODCHXDC
Nominal Final Consumption Expenditure for Japan
NCNSAXDCJPQ
Real Private Consumption for Japan
JPNRGDPPC
Volatility of Stock Price Index for Japan
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (PIEAMP02JPA659N), retrieved from FRED.