Leading Indicators OECD: Component series: Short-term interest rate: Original series for Hungary
HUNLOCOSTORSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
519.05%
Date Range
7/1/1983 - 11/1/2022
Summary
The OECD Leading Indicators: Short-term Interest Rate for Hungary measures the country's short-term interest rate, a key indicator of economic conditions and monetary 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 economic trend represents one of the component series used to calculate the OECD's Composite Leading Indicator for Hungary. The short-term interest rate reflects the cost of borrowing and is closely watched by policymakers, investors, and analysts as a gauge of economic performance and the stance of monetary policy.
Methodology
The data is collected and reported by the OECD based on official government sources.
Historical Context
Policymakers and market participants use this indicator to assess the direction of the Hungarian economy and the central bank's monetary policy.
Key Facts
- Hungary's short-term interest rate is a component of the OECD's Composite Leading Indicator for the country.
- The short-term interest rate reflects the cost of borrowing and is a key gauge of economic conditions and monetary policy.
- This indicator is closely watched by policymakers, investors, and analysts to assess the direction of the Hungarian economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures Hungary's short-term interest rate, which reflects the cost of borrowing and is a key indicator of economic conditions and monetary policy in the country.
Q: Why is this trend relevant for users or analysts?
A: The short-term interest rate is a widely followed indicator that provides insights into the direction of the Hungarian economy and the stance of the central bank's monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the OECD based on official government sources.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use this indicator to assess the state of the Hungarian economy and the central bank's monetary policy decisions.
Q: Are there update delays or limitations?
A: The OECD Leading Indicators data is published on a regular basis, but there may be some delays in reporting compared to real-time market conditions.
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Citation
U.S. Federal Reserve, OECD Leading Indicators: Component series: Short-term interest rate: Original series for Hungary (HUNLOCOSTORSTM), retrieved from FRED.