Production: Industry: Total Industry Excluding Construction for Denmark
Growth rate same period previous year, Monthly
DNKPRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.13
Year-over-Year Change
-152.12%
Date Range
1/1/1975 - 5/1/2025
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in industrial production in Denmark. This metric is a key indicator of overall economic activity and can inform policy decisions.
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 industrial production growth rate tracks the annual percent change in the volume of goods produced by Danish manufacturers, mining operations, and utilities. It is used by economists and policymakers to assess the health and trajectory of the Danish economy.
Methodology
The data is collected through surveys of industrial firms and calculated by Statistics Denmark.
Historical Context
The industrial production growth rate provides insight into consumer and business demand, and can influence monetary and fiscal policy.
Key Facts
- Denmark is a highly industrialized, trade-dependent economy.
- Industrial production accounts for over 20% of Denmark's GDP.
- Growth in industrial output signals expanding economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' metric tracks the annual percent change in industrial production in Denmark, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This industrial production growth rate is a key indicator of overall economic activity in Denmark, and can inform policy decisions by the government and central bank.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The industrial production growth rate provides insight into consumer and business demand, which can influence monetary and fiscal policy in Denmark.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (DNKPRINTO01GYSAM), retrieved from FRED.