Producer Prices Index: Economic Activities: Energy: Domestic for Hungary
Growth rate previous period, Monthly
HUNPIEAEN02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.88
Year-over-Year Change
-20.70%
Date Range
2/1/1998 - 12/1/2022
Summary
The Growth Rate Previous Period, Monthly trend measures the month-over-month change in a selected economic indicator. This metric is widely used by economists and policymakers to analyze economic growth and inform policy decisions.
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
The Growth Rate Previous Period, Monthly measures the percentage change in an economic variable compared to the previous month. This allows for the identification of short-term trends and fluctuations that may not be evident in year-over-year comparisons.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This metric provides valuable insights into current economic conditions and can influence market expectations and policy responses.
Key Facts
- The Growth Rate Previous Period, Monthly is a key indicator of short-term economic performance.
- This metric is used by the Federal Reserve and other policymakers to monitor the pace of economic expansion or contraction.
- The data is released on a monthly basis, providing timely insights into the current state of the economy.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly measures the month-over-month percentage change in a selected economic indicator, providing insights into short-term economic trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists, policymakers, and market participants to analyze current economic conditions and inform their decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: The Growth Rate Previous Period, Monthly provides valuable insights into the pace of economic growth, which can influence monetary policy decisions and market expectations.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, providing timely information on the current state of the economy.
Related Trends
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Hungary
HUNCP040000IXNBM
Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Hungary
LFWATTMAHUQ647N
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Hungary
LFWA64MAHUQ647N
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Hungary
HUNPFCEQDSMEI
Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Hungary
DSAMRIAOAERHU
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Hungary
LFAC74TTHUA647S
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (HUNPIEAEN02GPM), retrieved from FRED.