Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Denmark
Growth rate same period previous year, Quarterly
DNKCP050000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.56
Year-over-Year Change
-140.32%
Date Range
1/1/2001 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year growth rate of a specific economic indicator on a quarterly basis. This metric is crucial for economists and policymakers to analyze economic trends and inform policy decisions.
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 tracks the quarterly percent change in an economic variable compared to the same quarter of the previous year. It provides insights into the pace and direction of economic growth over time, allowing for analysis of seasonal patterns and longer-term trajectories.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This trend is widely used by economists, analysts, and policymakers to assess the health and momentum of the U.S. economy.
Key Facts
- The series is reported on a quarterly basis.
- The growth rate is calculated as a year-over-year percent change.
- The data is used to analyze the pace and direction of economic expansion.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year growth rate of a specific economic indicator on a quarterly basis, providing insights into the pace and direction of economic expansion.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to analyze economic trends and inform policy decisions, as it offers a clear picture of the economy's performance compared to the previous year.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, analysts, and policymakers to assess the health and momentum of the U.S. economy, which informs their decisions and actions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (DNKCP050000GYQ), retrieved from FRED.