Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
Growth rate same period previous year, Monthly
PIEAMP02PTM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.13
Year-over-Year Change
19.42%
Date Range
1/1/1983 - 12/1/2022
Summary
The Growth Rate Same Period Previous Year, Monthly is an important economic indicator that measures the year-over-year change in the monthly value of a specific economic variable. This metric provides insights into the pace and direction of economic growth.
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 trend represents the annualized percent change in a monthly economic variable compared to the same month in the previous year. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the economy over time.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform policy decisions and market analysis.
Key Facts
- The growth rate is measured as a year-over-year percent change.
- This metric provides insights into the acceleration or deceleration of economic activity.
- The data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year, Monthly measures the year-over-year percent change in a specific monthly economic variable.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and analysts to assess the pace and direction of economic growth over time.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.
Q: How is this trend used in economic policy?
A: The Growth Rate Same Period Previous Year, Monthly is closely monitored by the Federal Reserve and other institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with minimal delays.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (PIEAMP02PTM659N), retrieved from FRED.