Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Colombia
Growth rate same period previous year, Quarterly
COLPIEAFD02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.42
Year-over-Year Change
-106.55%
Date Range
1/1/2008 - 4/1/2018
Summary
The growth rate same period previous year, Quarterly indicator measures the year-over-year change in an economic metric, providing insights into the pace of economic expansion or contraction.
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 quarterly indicator tracks the percent change in an economic variable compared to the same quarter in the previous year. It is a key measure of economic performance used by policymakers, analysts, and investors to assess the trajectory of the economy.
Methodology
The data is calculated from underlying economic statistics reported by government agencies and other official sources.
Historical Context
The growth rate same period previous year is a widely referenced metric for evaluating the business cycle and guiding economic policy decisions.
Key Facts
- Provides year-over-year comparison of economic performance
- Helps identify periods of expansion, recession, or stagnation
- Used by policymakers to guide fiscal and monetary policies
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Quarterly indicator measures the percent change in an economic variable compared to the same quarter in the prior year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the trajectory of the economy, helping analysts and policymakers assess the business cycle and guide economic policies.
Q: How is this data collected or calculated?
A: The data is calculated from underlying economic statistics reported by government agencies and other official sources.
Q: How is this trend used in economic policy?
A: The growth rate same period previous year is a widely referenced indicator that helps policymakers evaluate the state of the economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the underlying economic statistics reported by government agencies and may be subject to revisions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (COLPIEAFD02GYQ), retrieved from FRED.