International Merchandise Trade Statistics: Imports: Commodities for Denmark
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTIMVA01DKM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.65
Year-over-Year Change
-661.50%
Date Range
1/1/1958 - 5/1/2025
Summary
This economic indicator measures the year-over-year growth rate of a monthly, seasonally adjusted variable. It provides insights into the pace of economic change and is a key metric for analysts and policymakers.
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 growth rate same period previous year metric tracks the percent change in a variable compared to the same month one year prior. This helps identify trends and turning points in the underlying economic data, which is crucial for economic forecasting and policy decisions.
Methodology
The U.S. Federal Reserve collects and calculates this data based on surveys and other economic reporting.
Historical Context
Economists and market analysts closely monitor this indicator to assess the strength and direction of the overall economy.
Key Facts
- The data is reported on a monthly basis.
- This metric helps identify economic trends and turning points.
- It is a key input for economic forecasting and policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year percent change in a monthly, seasonally adjusted economic variable.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the pace and direction of economic change, which is essential for forecasting, policymaking, and investment decisions.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on surveys and other economic reporting.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess the overall strength of the economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: This data is reported on a monthly basis with a short publication lag, providing timely insights into economic conditions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTIMVA01DKM659S), retrieved from FRED.