Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Estonia
Growth rate same period previous year, Monthly
ESTPIEAMI02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.59
Year-over-Year Change
170.59%
Date Range
1/1/2003 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in economic activity, providing insight into the pace of economic growth.
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 economic indicator tracks the monthly change in a composite index that aggregates various economic data points. It is a widely followed metric used by economists and policymakers to assess the overall health and trajectory of the economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by market analysts and government agencies to inform economic policies and investment decisions.
Key Facts
- The index is calculated from a variety of economic data points.
- The year-over-year growth rate provides a snapshot of the economy's momentum.
- This trend is a leading indicator for policymakers and investors.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in a composite index of economic activity, providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This trend is a widely followed metric used by economists and policymakers to assess the overall health and trajectory of the economy, informing economic policies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by market analysts and government agencies to inform economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with some potential for minor revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESTPIEAMI02GYM), retrieved from FRED.