Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Australia
Growth rate same period previous year, Quarterly
CPGRLE01AUQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.96
Year-over-Year Change
-22.13%
Date Range
4/1/1971 - 1/1/2025
Summary
The growth rate same period previous year, Quarterly measures the year-over-year change in a given economic indicator, providing insights into broader economic trends.
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 time series compared to the same quarter in the previous year. It is used to analyze underlying growth patterns and seasonal fluctuations in the data.
Methodology
This statistic is derived from the original data series by the U.S. Federal Reserve.
Historical Context
The growth rate same period previous year is a widely tracked indicator for assessing the state of the economy.
Key Facts
- The data is published quarterly by the U.S. Federal Reserve.
- This metric helps identify turning points in the business cycle.
- Year-over-year growth rates smooth out seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Quarterly measures the percent change in an economic indicator compared to the same quarter in the prior year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into underlying growth patterns and helps identify turning points in the business cycle.
Q: How is this data collected or calculated?
A: The statistic is derived from the original data series by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The growth rate same period previous year is a widely tracked indicator for assessing the state of the economy and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve with a short delay.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CPGRLE01AUQ659N), retrieved from FRED.