Leading Indicators OECD: Component series: Monetary Aggregates: Original series for Denmark
DNKLOCOMAORSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,343,117,346,938.78
Year-over-Year Change
-3.23%
Date Range
1/1/1971 - 10/1/2022
Summary
The Leading Indicators OECD: Component series: Monetary Aggregates: Original series for Denmark measures changes in Denmark's monetary aggregates, which are key indicators of economic activity and stability.
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 economic trend represents fluctuations in Denmark's money supply, including cash, checking deposits, and other highly liquid assets. Monetary aggregates are closely watched by central banks and economists to assess inflationary pressures and guide policy decisions.
Methodology
The data is collected by the OECD through surveys of Danish financial institutions.
Historical Context
Trends in Denmark's monetary aggregates provide insights into the country's broader economic conditions and are used to inform fiscal and monetary policy.
Key Facts
- Monetary aggregates are a key measure of a country's money supply.
- Changes in Denmark's monetary aggregates can signal inflationary or deflationary pressures.
- The OECD collects this data monthly from Danish financial institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in Denmark's monetary aggregates, which include cash, checking deposits, and other highly liquid financial assets.
Q: Why is this trend relevant for users or analysts?
A: Trends in Denmark's monetary aggregates provide insights into the country's broader economic conditions and are used by central banks and economists to assess inflationary pressures and guide policy decisions.
Q: How is this data collected or calculated?
A: The OECD collects this data monthly through surveys of Danish financial institutions.
Q: How is this trend used in economic policy?
A: Trends in Denmark's monetary aggregates are closely monitored by the Danish central bank and other policymakers to inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The OECD publishes this data on a monthly basis, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: Monetary Aggregates: Original series for Denmark (DNKLOCOMAORSTM), retrieved from FRED.