Imports: Value Goods for the European Union
Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
XTIMVA01EUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.80
Year-over-Year Change
-357.09%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the year-over-year growth rate of inflation-adjusted GDP in the Eurozone on a quarterly basis, with seasonal adjustment.
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 percentage change in real GDP compared to the same quarter in the prior year. This provides a seasonally adjusted perspective on Eurozone economic growth trends.
Methodology
The data is calculated from official Eurozone GDP statistics.
Historical Context
This indicator is closely watched by policymakers and analysts to assess the region's macroeconomic performance.
Key Facts
- Seasonally adjusted data is used to control for regular patterns.
- The year-over-year metric removes short-term fluctuations.
- Positive growth indicates an expanding Eurozone economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in real GDP for the Eurozone on a quarterly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a clear picture of the Eurozone's overall economic growth momentum, which is crucial for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is calculated from official Eurozone GDP statistics.
Q: How is this trend used in economic policy?
A: Central banks and governments closely monitor this metric to assess the region's macroeconomic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: There may be a lag of several weeks between the end of a quarter and the release of the GDP data.
Related Trends
Consumer Price Index: Harmonized Prices: Total All Items for the European Union
CPHPTT01EUM657N
Consumer Price Index: Harmonised prices: Health (COICOP 06): Total for the European Union
EU28CPHP0600GPM
Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for European Union (27 Countries from 2020)
00XFUEEU272020M086NEST
Harmonized Index of Consumer Prices: Recreational and Sporting Services for Euro Area (19 Countries)
CP0941EZ19M086NEST
Harmonized Index of Consumer Prices: All-Items HICP for European Union (27 Countries from 2020)
CP0000EU272020M086NEST
Sales: Retail trade: Car registration: Passenger cars for the European Union
EU28SLRTCR03GPSAM
Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (XTIMVA01EUQ659S), retrieved from FRED.