Leading Indicators OECD: Component series: Short-term interest rate: Normalised for Hungary
HUNLOCOSTNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.98
Year-over-Year Change
1.09%
Date Range
7/1/1983 - 11/1/2022
Summary
The OECD Leading Indicators Component series: Short-term interest rate for Hungary measures the normalized short-term interest rate, which is a key indicator of economic conditions and policy.
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 OECD leading indicator tracks the normalized short-term interest rate in Hungary, providing insight into the country's economic performance and the stance of monetary policy. It is a widely-used metric for assessing near-term economic trends.
Methodology
The data is collected and normalized by the OECD based on official government interest rate statistics.
Historical Context
Central banks and policymakers closely monitor this indicator to gauge the health of the Hungarian economy and guide policy decisions.
Key Facts
- The indicator is normalized to account for changes in the base level.
- Short-term interest rates are a leading indicator of economic activity.
- Policymakers use this metric to assess monetary policy and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This OECD leading indicator tracks the normalized short-term interest rate in Hungary, providing insight into the country's economic performance and monetary policy stance.
Q: Why is this trend relevant for users or analysts?
A: The short-term interest rate is a key indicator of economic conditions and policy, making this OECD leading indicator relevant for policymakers, economists, and market analysts assessing the health of the Hungarian economy.
Q: How is this data collected or calculated?
A: The data is collected and normalized by the OECD based on official government interest rate statistics.
Q: How is this trend used in economic policy?
A: Central banks and policymakers closely monitor this indicator to gauge the health of the Hungarian economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The OECD Leading Indicators are published on a regular schedule, but there may be some delays in data availability compared to the underlying interest rate statistics.
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Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Hungary
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Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Hungary
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Citation
U.S. Federal Reserve, OECD Leading Indicators Component series: Short-term interest rate: Normalised for Hungary (HUNLOCOSTNOSTSAM), retrieved from FRED.