International Merchandise Trade Statistics: Imports: Commodities for Czechia
Growth rate same period previous year, Annual, Seasonally Adjusted
XTIMVA01CZA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
-100.39%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the year-over-year growth rate of a key indicator, providing insights into the pace of economic expansion or contraction.
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 annual, seasonally adjusted growth rate compares a given period to the same period in the prior year, allowing analysts to identify longer-term trends and mitigate the impact of seasonal fluctuations.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This metric is widely used by policymakers, investors, and economists to assess the overall health and trajectory of the economy.
Key Facts
- The growth rate is expressed as a percentage change.
- This metric is a leading indicator of economic performance.
- Seasonal adjustments help identify underlying trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of a key economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, investors, and economists to assess the overall health and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: This metric is a leading indicator used by policymakers, markets, and economists to evaluate the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision policies of the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual, Seasonally Adjusted (XTIMVA01CZA659S), retrieved from FRED.