Producer Prices Index: Economic Activities: Manufacturing: Domestic for Denmark
Growth rate previous period, Quarterly
DNKPIEAMP02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.36
Year-over-Year Change
-385.17%
Date Range
4/1/1974 - 10/1/2022
Summary
This economic trend measures the quarter-over-quarter growth rate of Denmark's gross domestic product (GDP). Tracking GDP growth is crucial for policymakers and economists to assess the overall health and trajectory of the Danish economy.
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
The growth rate previous period, quarterly indicator reports the percentage change in Denmark's GDP from the previous quarter. This key metric provides timely insight into the pace of economic expansion or contraction, informing macroeconomic analysis and policy decisions.
Methodology
The data is calculated based on Denmark's quarterly GDP figures published by Statistics Denmark.
Historical Context
Policymakers and analysts closely monitor GDP growth to gauge the business cycle and make informed decisions about fiscal and monetary policy.
Key Facts
- Denmark's GDP grew 0.9% in Q4 2022 compared to the previous quarter.
- The country's economy expanded by 3.9% in 2022 overall.
- GDP growth is a key indicator of a country's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of Denmark's gross domestic product (GDP), providing a timely indicator of the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: Tracking GDP growth is crucial for policymakers and economists to assess the overall health and trajectory of the Danish economy, informing macroeconomic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on Denmark's quarterly GDP figures published by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor GDP growth to gauge the business cycle and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a slight delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPIEAMP02GPQ), retrieved from FRED.