Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Turkey
Growth rate previous period, Monthly
TURPIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.24
Year-over-Year Change
-101.26%
Date Range
2/1/1960 - 12/1/2022
Summary
The Growth rate previous period, Monthly trend measures the month-over-month change in economic activity. It provides insights into the pace and direction of economic growth, which is crucial for policymakers and market analysts.
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 tracks the growth rate of an underlying economic variable from the previous month. It is a widely followed indicator of economic momentum and can signal turning points in the business cycle.
Methodology
The data is calculated from underlying economic time series by the U.S. Federal Reserve.
Historical Context
Economists and policymakers use this metric to assess the health and trajectory of the broader economy.
Key Facts
- The trend is reported on a monthly basis.
- Positive values indicate economic expansion, while negative values signal contraction.
- The data is seasonally adjusted to account for recurring fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Monthly trend measures the month-over-month change in economic activity, providing insights into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and market analysts as it signals turning points in the business cycle and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated from underlying economic time series by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the trajectory of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (TURPIEATI02GPM), retrieved from FRED.