Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic
Growth rate previous period, Monthly
SVKPIEATI01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.57
Year-over-Year Change
-232.77%
Date Range
2/1/2003 - 12/1/2022
Summary
The growth rate previous period, monthly trend measures the month-over-month change in industrial production in Slovakia. This indicator is closely watched by economists and policymakers to assess the health and direction of the Slovak industrial sector.
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 industrial production in Slovakia compared to the previous month. It is a key barometer of economic activity and provides insight into the performance of the manufacturing, mining, and utilities industries.
Methodology
The data is collected and calculated by the Statistical Office of the Slovak Republic.
Historical Context
The growth rate previous period, monthly trend is used by analysts and institutions to inform macroeconomic policy decisions and investment strategies.
Key Facts
- Slovakia is a major industrial economy in Central Europe.
- Manufacturing accounts for over 20% of Slovakia's GDP.
- The growth rate trend helps track the business cycle in Slovakia.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the month-over-month change in industrial production in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the performance of Slovakia's industrial sector and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly trend is used by analysts and institutions to inform macroeconomic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (SVKPIEATI01GPM), retrieved from FRED.