Consumer Price Index: Harmonized Prices: Education (COICOP 10): Total for Spain
Growth rate previous period
ESPCPHP1000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.20
Year-over-Year Change
100.00%
Date Range
2/1/1996 - 11/1/2023
Summary
The growth rate previous period, known as the month-over-month percent change, measures the change in an economic indicator from the previous time period to the current period.
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 is a standard metric used to analyze short-term fluctuations in economic data, such as consumer prices, wages, and industrial production. It provides a concise way to understand the pace of change in key economic variables.
Methodology
The U.S. Federal Reserve calculates this metric as the percent change between the current and previous time periods.
Historical Context
Economists and policymakers closely monitor this trend to assess the direction and speed of economic activity.
Key Facts
- The growth rate previous period is measured as a percentage change.
- This trend is updated monthly by the U.S. Federal Reserve.
- The growth rate previous period is a widely used metric for analyzing economic performance.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period measures the month-over-month percent change in an economic indicator, providing insight into the pace of economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a critical tool for economists and policymakers to assess the direction and speed of the economy, informing decision-making and policy responses.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates the growth rate previous period as the percent change between the current and previous time periods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the growth rate previous period to gauge inflationary pressures, evaluate the effectiveness of monetary policy, and make informed decisions about the direction of the economy.
Q: Are there update delays or limitations?
A: The growth rate previous period is updated monthly by the U.S. Federal Reserve, with data typically available within a few weeks of the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period (ESPCPHP1000GPM), retrieved from FRED.