Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Russia
Growth rate same period previous year
RUSCP020000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
41.47%
Date Range
1/1/2010 - 2/1/2022
Summary
The Growth Rate Same Period Previous Year measures the annual change in a given economic indicator compared to the same period a year earlier. This provides insights into the momentum and direction of economic trends.
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 metric calculates the percent change in an economic variable over a 12-month period, which helps analysts and policymakers understand the rate and direction of economic growth or decline. It is widely used to analyze trends in consumer prices, industrial production, employment, and other key economic indicators.
Methodology
The data is calculated based on the change between the current period and the same period from the previous year.
Historical Context
Growth rate data is closely monitored by central banks, government agencies, and market analysts to guide economic policy and investment decisions.
Key Facts
- The growth rate can be positive or negative.
- It is calculated as a percent change from the prior year's period.
- Trends in the growth rate signal changes in the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Same Period Previous Year measures the annual percent change in an economic indicator compared to the same period a year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the momentum and direction of economic growth, helping policymakers and investors understand broader trends.
Q: How is this data collected or calculated?
A: The data is calculated as the percent change between the current period and the same period from the previous year.
Q: How is this trend used in economic policy?
A: Growth rate data is closely monitored by central banks, government agencies, and market analysts to guide economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (RUSCP020000GYM), retrieved from FRED.