Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Denmark
Growth rate previous period, Quarterly
DNKPITGCD02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.74
Year-over-Year Change
-1297.40%
Date Range
4/1/1985 - 10/1/2022
Summary
The growth rate previous period, quarterly is an economic indicator that measures the quarter-over-quarter change in a country's GDP. It provides insight into the pace of economic expansion or contraction.
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 metric tracks the percent change in real GDP compared to the previous quarter, on an annualized basis. It is a key measure of the business cycle and used by policymakers, economists, and investors to assess economic performance.
Methodology
The data is calculated by the national statistical agency based on quarterly GDP figures.
Historical Context
The growth rate previous period is widely followed as a barometer of overall economic health and can influence policy decisions and market sentiment.
Key Facts
- The growth rate can be positive or negative, indicating expansion or contraction.
- It is reported on an annualized basis, meaning the quarterly change is projected to a full year.
- GDP is the broadest measure of economic activity within a country.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, quarterly measures the percent change in a country's real GDP compared to the prior quarter, on an annualized basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely signal of the economy's expansion or contraction, which is crucial information for policymakers, investors, and economists assessing the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated by the national statistical agency based on quarterly GDP figures.
Q: How is this trend used in economic policy?
A: The growth rate previous period is closely monitored by central banks and governments, as it can inform monetary and fiscal policy decisions aimed at promoting economic stability and growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several weeks after the end of the reference period. There may also be revisions to earlier figures as more complete information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Denmark
LFEM55MADKA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Denmark
DNKCPHPLA01IXOBM
Gross Portfolio Debt Liabilities to GDP for Denmark
DDDM10DKA156NWDB
International Merchandise Trade Statistics: Imports: Commodities for Denmark
XTIMVA01DKM664S
Nonfinancial Corporate Bonds to Total Bonds and Notes Outstanding for Denmark
DDAM03DKA156NWDB
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Denmark
IRLTLT01DKM156N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (DNKPITGCD02GPQ), retrieved from FRED.