Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark
Growth rate same period previous year, Monthly
DNKPIEAFD02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
-177.90%
Date Range
1/1/1986 - 4/1/2019
Summary
The growth rate same period previous year, monthly measures the year-over-year percent change in a specific economic indicator. This metric is widely used by economists and policymakers to analyze trends and inform decision-making.
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 percent change in a given economic variable compared to the same month of the previous year. It is a key indicator of economic momentum and is closely monitored to assess the overall health and direction of the economy.
Methodology
The data is calculated by the relevant statistical agency based on the collection of primary economic data.
Historical Context
Analysts and policymakers use this metric to track the trajectory of the economy and make informed decisions about fiscal and monetary policy.
Key Facts
- The growth rate is calculated as a year-over-year percent change.
- This metric is a leading indicator of economic performance.
- The data is released on a monthly basis by the relevant statistical agency.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year percent change in a specific economic indicator, providing insight into the pace of economic growth or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market participants to assess the overall health and trajectory of the economy, informing decision-making and policy actions.
Q: How is this data collected or calculated?
A: The data is calculated by the relevant statistical agency based on the collection of primary economic data.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to track the economy's performance and make informed decisions about fiscal and monetary policy to support economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks to allow for data collection and processing.
Related Trends
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NAEXKP03DKQ189S
Infra-Annual Labor Statistics: Employees Total for Denmark
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Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Denmark
CP0723DKM086NEST
Bank Deposits to GDP for Denmark
DDOI02DKA156NWDB
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Denmark
LFUN64MADKQ647S
Liquid Liabilities to GDP for Denmark
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DNKPIEAFD02GYM), retrieved from FRED.