Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Czechia
Growth rate same period previous year, Quarterly
CZECP110000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.31
Year-over-Year Change
-56.91%
Date Range
1/1/1996 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year change in a specific economic indicator for the given quarter. This trend is crucial for economists and policymakers to assess the direction and pace 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 quarterly growth rate metric compares the current quarter's value of an economic indicator to the same quarter in the previous year. It provides insight into the underlying momentum and trajectory of the economy, helping analysts and policymakers identify emerging trends and make informed decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on quarterly time series for relevant economic indicators.
Historical Context
Policymakers and market participants closely monitor this trend to gauge the strength and stability of the economy.
Key Facts
- The data is released quarterly by the U.S. Federal Reserve.
- Positive growth rates indicate an expanding economy, while negative rates suggest economic contraction.
- Analysts use this metric to identify turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year change in a specific economic indicator for the given quarter.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insight into the underlying momentum and trajectory of the economy, helping analysts and policymakers identify emerging trends and make informed decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on quarterly time series for relevant economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and market participants closely monitor this trend to gauge the strength and stability of the economy, which informs their policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Federal Reserve, so there may be a short delay between the end of the quarter and the availability of the updated figures.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CZECP110000GYQ), retrieved from FRED.