Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Austria
Growth rate same period previous year, Quarterly
AUTPITGND01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.47
Year-over-Year Change
427.80%
Date Range
1/1/2001 - 10/1/2022
Summary
The growth rate same period previous year, Quarterly metric measures the year-over-year change in a specific economic indicator. This provides insight into the pace and trajectory of economic growth.
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 data series tracks the annualized quarter-over-quarter percent change in a key economic variable, allowing analysts to assess the strength and direction of economic trends over time. The metric is widely used by economists, policymakers, and market participants to evaluate the health and momentum of the economy.
Methodology
The data is calculated based on official government economic statistics.
Historical Context
This growth rate is an important input for monetary and fiscal policy decisions.
Key Facts
- Reported on a quarterly basis.
- Measures year-over-year percent change.
- Provides a signal of economic momentum.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year percent change in a key economic indicator, providing insight into the pace and direction of economic growth.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year is a widely used indicator that helps economists, policymakers, and market participants assess the strength and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on official government economic statistics.
Q: How is this trend used in economic policy?
A: This growth rate is an important input for monetary and fiscal policy decisions, as it helps policymakers evaluate the health and momentum of the economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with typical delays in official government data releases.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (AUTPITGND01GYQ), retrieved from FRED.