Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Estonia
Growth rate same period previous year, Monthly
ESTCP110000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.38
Year-over-Year Change
-25.91%
Date Range
1/1/1999 - 4/1/2025
Summary
The growth rate same period previous year, monthly trend measures the year-over-year change in a given economic indicator on a monthly basis. This metric provides insight into the momentum and trajectory of the broader 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
This monthly data series tracks the year-over-year percent change in an economic variable, offering a perspective on how the current state of the economy compares to the same period one year prior. Economists and policymakers use this trend to analyze economic growth patterns and inform policy decisions.
Methodology
The data is calculated based on monthly values for the economic indicator of interest.
Historical Context
Growth rate same period previous year is a key input for monitoring economic conditions and can signal shifts in consumer demand, business investment, or other macroeconomic factors.
Key Facts
- The data is reported on a monthly frequency.
- Year-over-year growth rates can reveal turning points in the economic cycle.
- This metric is used to gauge the underlying strength of the economy.
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 an economic indicator on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the momentum and trajectory of the broader economy, helping economists and policymakers analyze growth patterns and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly values for the economic indicator of interest.
Q: How is this trend used in economic policy?
A: Growth rate same period previous year is a key input for monitoring economic conditions and can signal shifts in consumer demand, business investment, or other macroeconomic factors.
Q: Are there update delays or limitations?
A: The data is reported on a monthly frequency, providing timely information on economic trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESTCP110000GYM), retrieved from FRED.