Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Turkey
Growth rate previous period, Quarterly
TURPITGIG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.95
Year-over-Year Change
-819.70%
Date Range
4/1/2003 - 10/1/2022
Summary
The Growth rate previous period, Quarterly measures the quarter-over-quarter growth rate of the Turnover Index in General Industrial Groupings. It is an important indicator of changes in industrial production and 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
The Turnover Index in General Industrial Groupings is a measure of the value of goods sold by industrial enterprises. The growth rate of this index provides insight into the pace of industrial output and broader economic trends.
Methodology
The data is calculated by the U.S. Federal Reserve based on surveys of industrial enterprises.
Historical Context
This indicator is closely watched by economists, policymakers, and investors to assess the health of the manufacturing sector and the overall economy.
Key Facts
- The index measures the value of goods sold by industrial enterprises.
- Quarterly growth provides timely insight into the pace of industrial activity.
- The data is collected through surveys of industrial enterprises by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly measures the quarter-over-quarter growth rate of the Turnover Index in General Industrial Groupings, which reflects changes in industrial production and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides timely insight into the health of the manufacturing sector and the broader economy, making it a closely watched metric by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on surveys of industrial enterprises.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, central banks, and analysts to assess the state of industrial production and broader economic conditions, informing policy decisions and market forecasts.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a relatively short lag, providing timely information on the pace of industrial activity.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (TURPITGIG02GPQ), retrieved from FRED.