Leading Indicators OECD: Component series: Monetary Aggregates: Normalised for Hungary
HUNLOCOMANOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.75
Year-over-Year Change
-1.32%
Date Range
10/1/1989 - 9/1/2022
Summary
The OECD Leading Indicators Monetary Aggregates series for Hungary measures changes in key domestic financial factors that signal turning points in the business cycle.
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 normalized component series tracks fluctuations in Hungary's money supply, which can indicate shifts in economic growth, consumer confidence, and inflation expectations. It is a leading indicator used by policymakers and analysts to anticipate future economic conditions.
Methodology
The data is collected and calculated by the OECD using standardized international methods.
Historical Context
Trends in Hungary's monetary aggregates provide valuable insights for central bank policy and financial market analysis.
Key Facts
- Hungary's monetary aggregates series is a component of the OECD's composite leading indicator.
- Fluctuations in money supply can signal changing consumer and business confidence.
- Central banks monitor monetary aggregates to guide interest rate and inflation policies.
FAQs
Q: What does this economic trend measure?
A: This series tracks changes in Hungary's money supply, a leading indicator of the country's overall economic conditions.
Q: Why is this trend relevant for users or analysts?
A: Trends in monetary aggregates provide valuable insights for policymakers, investors, and economists seeking to anticipate future economic shifts in Hungary.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using standardized international methods.
Q: How is this trend used in economic policy?
A: Central banks monitor monetary aggregates to guide interest rate and inflation policies, making this a key indicator for assessing economic conditions and the effectiveness of monetary policy.
Q: Are there update delays or limitations?
A: The OECD Leading Indicators series is updated monthly, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: Monetary Aggregates: Normalised for Hungary (HUNLOCOMANOSTSAM), retrieved from FRED.