Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Denmark
Growth rate same period previous year
DNKCPHPLA01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1997 - 3/1/2025
Summary
The growth rate same period previous year measures the annual percent change in a given economic indicator compared to the same period in the prior year. This metric is critical for economists and policymakers to assess long-term trends and cyclical patterns.
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 statistic compares a current period's value for an economic indicator to the value from the same period in the previous year. It provides insight into whether a variable is expanding, contracting, or stable on an annual basis, which is vital for macroeconomic analysis and forecasting.
Methodology
The data is calculated by the relevant statistical agency as the percent change between a current period's value and the corresponding period's value from the prior year.
Historical Context
Growth rate same period previous year is widely used by central banks, government agencies, and private analysts to contextualize current economic conditions and inform policy decisions.
Key Facts
- The metric is calculated as a percent change.
- It compares current period to same period last year.
- Provides insight into long-term economic trends.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year measures the annual percent change in a given economic indicator compared to the same period in the prior year.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for economists and policymakers to assess long-term trends and cyclical patterns in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the relevant statistical agency as the percent change between a current period's value and the corresponding period's value from the prior year.
Q: How is this trend used in economic policy?
A: Growth rate same period previous year is widely used by central banks, government agencies, and private analysts to contextualize current economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision policies of the collecting statistical agency.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (DNKCPHPLA01GYM), retrieved from FRED.