Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Australia
Growth rate same period previous year
AUSCP040500GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.98
Year-over-Year Change
-229.14%
Date Range
7/1/1990 - 1/1/2025
Summary
The 'Growth rate same period previous year' measures the year-over-year change in a given economic indicator, providing insight into long-term trends and cyclical patterns.
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 metric calculates the percent change in an economic indicator compared to the same period a year earlier. It is a widely used statistic for analyzing economic growth, inflation, and other key macroeconomic factors over time.
Methodology
The data is calculated based on the underlying economic indicator and its previous year's value.
Historical Context
Policymakers and analysts closely monitor this growth rate to gauge the health and direction of the economy.
Key Facts
- The growth rate can be positive, negative, or zero, indicating expansion, contraction, or stagnation.
- Year-over-year growth rates help smooth out seasonal variations in economic data.
- This metric is a leading indicator of future economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' measures the percent change in an economic indicator compared to the same period a year earlier.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a widely used statistic for analyzing long-term economic trends, identifying turning points, and gauging the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the underlying economic indicator and its previous year's value.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this growth rate to assess the direction and momentum of the economy, informing decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can be affected by changes in the underlying economic indicator or data collection methods.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (AUSCP040500GYQ), retrieved from FRED.