Producer Prices Index: Economic Activities: Manufacturing: Domestic for Slovak Republic
Growth rate previous period, Quarterly
SVKPIEAMP02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.36
Year-over-Year Change
-14.24%
Date Range
4/1/1994 - 10/1/2022
Summary
The Growth rate previous period, Quarterly measures the quarter-over-quarter change in Slovakia's gross domestic product (GDP). This metric is a key indicator of the overall health and direction of the Slovak economy.
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 rate of change in Slovakia's GDP compared to the previous quarter. Economists and policymakers closely monitor this data to assess the country's economic performance and inform policy decisions.
Methodology
The data is calculated by the Slovak Statistical Office based on GDP measurements.
Historical Context
The growth rate is used to evaluate Slovakia's economic growth trajectory and compare its performance to other European Union member states.
Key Facts
- Slovakia's GDP grew 1.7% in Q4 2022 compared to the previous quarter.
- The country's economy expanded by 4.9% in 2022 compared to 2021.
- GDP growth slowed from 1.9% in Q3 2022 to 1.7% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly measures the quarter-over-quarter change in Slovakia's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Slovakia's overall economic performance and can inform policy decisions by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the Slovak Statistical Office based on GDP measurements.
Q: How is this trend used in economic policy?
A: The growth rate is used to evaluate Slovakia's economic growth trajectory and compare its performance to other European Union member states.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 2-3 month delay after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SVKPIEAMP02GPQ), retrieved from FRED.