Producer Prices Index: Economic Activities: Energy: Domestic for Slovak Republic
Growth rate same period previous year, Monthly
SVKPIEAEN02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.37
Year-over-Year Change
187.06%
Date Range
1/1/2004 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' measures the year-over-year change in an economic indicator, providing insight into the pace of economic growth or decline over time.
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 tracks the annual percentage change in a specific economic metric, allowing analysts to identify patterns and turning points in the broader economy. It is a widely used indicator for assessing the health and trajectory of national and global economies.
Methodology
This data is calculated by the U.S. Federal Reserve based on the original economic metric.
Historical Context
Policymakers and investors closely monitor this trend to gauge the effectiveness of economic policies and make informed decisions.
Key Facts
- The growth rate is measured as a percentage change from the same period in the previous year.
- This trend helps identify periods of economic expansion and contraction.
- The data is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in an economic indicator, providing insight into the pace of economic growth or decline.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic performance, allowing analysts and policymakers to assess the health and trajectory of the economy over time.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the original economic metric.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor this trend to gauge the effectiveness of economic policies and make informed decisions about the economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with minimal update delays.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (SVKPIEAEN02GYM), retrieved from FRED.