Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Germany
Growth rate previous period, Monthly
DEUPITGND01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
-87.59%
Date Range
2/1/1995 - 12/1/2022
Summary
The growth rate previous period, monthly measures the month-over-month change in economic activity, providing insight into the 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 series represents the monthly growth rate of a key economic indicator, offering a timely snapshot of the direction and momentum of the economy. It is a closely watched metric for policymakers, analysts, and businesses.
Methodology
The data is collected and calculated by the Federal Reserve using established statistical methods.
Historical Context
This growth rate is a leading indicator used to assess current and future economic conditions.
Key Facts
- The series is updated monthly with a typical 1-2 month lag.
- A positive growth rate indicates accelerating economic activity.
- The metric is seasonally adjusted to account for recurring fluctuations.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in a key economic indicator, providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This growth rate is a closely watched leading indicator used by policymakers, economists, and businesses to assess current and future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve using established statistical methods.
Q: How is this trend used in economic policy?
A: This growth rate is a key input for policymakers in evaluating the state of the economy and informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The series is updated monthly with a typical 1-2 month lag, and the data is seasonally adjusted to account for recurring fluctuations.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (DEUPITGND01GPM), retrieved from FRED.