Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Russia
Growth rate same period previous year, Monthly
RUSPIEAMI02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.38
Year-over-Year Change
1051.21%
Date Range
1/1/1999 - 1/1/2022
Summary
The growth rate same period previous year (monthly) measures the year-over-year change in a monthly economic indicator. This metric provides important insights into the pace and trajectory 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 series tracks the monthly growth rate of an economic indicator compared to the same month in the previous year. Economists and policymakers use this metric to analyze trends, forecast future conditions, and inform policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicator values.
Historical Context
This growth rate is a key input for assessments of the overall health and direction of the U.S. economy.
Key Facts
- The growth rate is calculated on a monthly basis.
- It compares the current month to the same month in the previous year.
- This metric is used to analyze economic trends and inform policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a monthly economic indicator, providing insights into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is crucial for economists and policymakers to assess the overall health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicator values.
Q: How is this trend used in economic policy?
A: This growth rate is a key input for evaluating current economic conditions and informing policy decisions by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with typical lags of a few weeks between the reference period and publication.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (RUSPIEAMI02GYM), retrieved from FRED.