Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Denmark
Growth rate same period previous year, Monthly
DNKPITGND01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
-200.19%
Date Range
1/1/1986 - 12/1/2022
Summary
The growth rate same period previous year, Monthly trend measures the year-over-year change in Denmark's industrial production index. This provides key insights into the country's manufacturing sector and broader economic performance.
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 indicator tracks the percent change in Denmark's industrial production compared to the same month in the previous year. It is a widely-used metric for analyzing industrial activity, capacity utilization, and manufacturing output trends in the Danish economy.
Methodology
The data is collected through surveys of industrial facilities and aggregated by Statistics Denmark.
Historical Context
Policymakers and economists monitor this indicator to assess the health of Denmark's manufacturing base and inform decisions around monetary and fiscal policy.
Key Facts
- Denmark is a major industrial economy in Europe.
- Manufacturing accounts for over 15% of Denmark's GDP.
- The industrial production index is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year, Monthly trend measures the year-over-year percent change in Denmark's industrial production index.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the performance and trajectory of Denmark's manufacturing sector, which is a key driver of the country's broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities in Denmark and aggregated by Statistics Denmark.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess the health of Denmark's manufacturing base and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 1-2 months.
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Net migration for Denmark
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DNKPITGND01GYM), retrieved from FRED.