Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Czech Republic
Growth rate same period previous year, Quarterly
CZEPIEAFD01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.08
Year-over-Year Change
502.81%
Date Range
1/1/1997 - 7/1/2022
Summary
The growth rate same period previous year, quarterly measures the percent change in an economic indicator compared to the same quarter of the previous year. This provides insight into the long-term trajectory of 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 quarterly indicator tracks the year-over-year growth rate of an underlying economic series, which could represent output, employment, prices, or other variables. It is used by economists and policymakers to analyze the pace and direction of economic changes over time.
Methodology
The U.S. Bureau of Economic Analysis calculates this growth rate using seasonally adjusted data.
Historical Context
The year-over-year growth rate is a key input for economic forecasting and policy decisions.
Key Facts
- The growth rate is measured as a percent change
- It compares the current quarter to the same quarter last year
- This indicator provides a long-term perspective on economic conditions
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percent change in an economic variable between the current quarter and the same quarter of the previous year.
Q: Why is this trend relevant for users or analysts?
A: The year-over-year growth rate provides insight into the long-term trajectory of economic conditions, which is crucial for economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this growth rate using seasonally adjusted data for the underlying economic series.
Q: How is this trend used in economic policy?
A: The year-over-year growth rate is a key input for economic forecasting and policy decisions made by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with some lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CZEPIEAFD01GYQ), retrieved from FRED.