Producer Prices Index: Type of Goods: Investments Goods: Total for Estonia
Growth rate same period previous year, Monthly
ESTPITGVG01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.52
Year-over-Year Change
12.48%
Date Range
1/1/2003 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' series tracks the year-over-year change in an economic indicator on a monthly basis. This metric provides insight into the underlying trends and direction of the indicator over time.
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 measures the percent change in an economic indicator between the current month and the same month in the previous year. It is a widely used tool for analyzing economic performance and identifying turning points in business cycles.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.
Historical Context
This growth rate metric is closely monitored by policymakers, analysts, and market participants to assess the health and trajectory of the U.S. economy.
Key Facts
- The data is reported on a monthly basis.
- The series has been tracked since 1985.
- It is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This series tracks the year-over-year percent change in an economic indicator on a monthly basis, providing insight into the underlying trends and direction of the indicator over time.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is a widely used tool for analyzing economic performance and identifying turning points in business cycles, making it highly relevant for policymakers, analysts, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying monthly economic indicators.
Q: How is this trend used in economic policy?
A: This growth rate metric is closely monitored by policymakers to assess the health and trajectory of the U.S. economy, informing their decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with typical update delays of several weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (ESTPITGVG01GYM), retrieved from FRED.