Producer Prices Index: Type of goods: Investments goods: Total for Sweden
Growth rate previous period, Monthly
SWEPITGVG01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
-31.20%
Date Range
2/1/1990 - 2/1/2023
Summary
The Growth rate previous period, Monthly metric measures the month-over-month change in the value of a specified economic indicator, providing insights into the pace of economic activity.
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 trend represents the percentage change in an economic variable compared to the previous month, expressed as a growth rate. It is commonly used by economists and policymakers to analyze the momentum and direction of economic trends over time.
Methodology
The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
The growth rate is a key input for monitoring economic conditions and informing policy decisions.
Key Facts
- The growth rate can be positive or negative, indicating expansion or contraction.
- Month-over-month growth rates provide a more timely signal than year-over-year comparisons.
- Policymakers closely monitor growth rates to assess the health of the economy.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly metric measures the percentage change in an economic indicator from the previous month, providing insights into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and market analysts as it offers a timely signal on the direction and momentum of the economy, helping inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using standard statistical methods.
Q: How is this trend used in economic policy?
A: The growth rate is a key input for monitoring economic conditions and informing policy decisions, such as setting interest rates or adjusting fiscal measures.
Q: Are there update delays or limitations?
A: The data is published monthly, 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 previous period, Monthly (SWEPITGVG01GPM), retrieved from FRED.