Residential Property Prices for Ireland

Percent per Annum

QIEN368BIS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.95

Year-over-Year Change

-46.76%

Date Range

1/1/1971 - 1/1/2025

Summary

The 'Percent per Annum' trend measures the annualized rate of change in a given economic indicator. This metric is crucial for analyzing the pace and momentum of economic growth or decline.

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 'Percent per Annum' is a standardized way to express the year-over-year change in an economic time series. It allows for easy comparison of the relative strength of economic trends across different datasets and time periods.

Methodology

The data is calculated as the percent change between the current value and the value from one year prior.

Historical Context

Policymakers and analysts closely monitor percent per annum trends to assess the health and trajectory of the overall economy.

Key Facts

  • The 'Percent per Annum' is an annualized growth rate.
  • It allows for comparison of economic trends across different time periods.
  • This metric is widely used by policymakers and analysts.

FAQs

Q: What does this economic trend measure?

A: The 'Percent per Annum' trend measures the annualized rate of change in a given economic indicator, such as GDP, employment, or inflation.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for analyzing the pace and momentum of economic growth or decline, allowing for easy comparison of trends across different datasets and time periods.

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 one year prior.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor percent per annum trends to assess the health and trajectory of the overall economy, informing decisions on monetary and fiscal policy.

Q: Are there update delays or limitations?

A: The data is subject to the update schedules and limitations of the underlying economic indicators being measured.

Related Trends

Citation

U.S. Federal Reserve, Percent per Annum (QIEN368BIS), retrieved from FRED.