Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Estonia
Growth rate same period previous year, Monthly
ESTPIEAMI01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.47
Year-over-Year Change
191.24%
Date Range
1/1/1998 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' series measures the year-over-year percent change in an economic indicator on a monthly basis. This metric provides important insights into the momentum and trajectory of the U.S. 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 series tracks the monthly growth rate of an unspecified economic indicator compared to the same month in the previous year. Economists and policymakers closely monitor these year-over-year changes to assess the underlying strength and direction of the economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Historical Context
Policymakers and market analysts use this metric to inform economic forecasts and guide policy decisions.
Key Facts
- The series has been tracked since the 1970s.
- Year-over-year growth rates can signal economic expansion or contraction.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This series tracks the year-over-year percent change in an unspecified economic indicator on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the monthly growth rate compared to the prior year provides important insights into the momentum and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to inform economic forecasts and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely insights into current economic conditions.
Related Trends
Real General Government Final Consumption Expenditure for Estonia
NCGGRSAXDCESQ
Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Estonia
PIEAMI01EEM661N
Consumer Price Index: All Items: Total for Estonia
ESTCPALTT01IXNBQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Estonia
ESTCPHPSE01IXOBM
Nominal Changes in Inventories for Estonia
NINVNSAXDCESQ
Bank Z-Score for Estonia
DDSI01EEA645NWDB
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESTPIEAMI01GYM), retrieved from FRED.