Producer Prices Index: Economic Activities: Energy: Domestic for Hungary
Growth rate same period previous year, Quarterly
HUNPIEAEN02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.36
Year-over-Year Change
-93591.63%
Date Range
1/1/1999 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year percent change in Hungary's industrial production, published quarterly by the Hungarian Central Statistical Office.
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 indicator provides insight into the pace of Hungary's industrial activity and overall economic health. It is widely tracked by economists, policymakers, and investors to assess the nation's manufacturing and production trends.
Methodology
The data is collected through surveys of industrial firms and calculated as the percent change from the same quarter in the previous year.
Historical Context
The industrial production growth rate is a key input for evaluating Hungary's macroeconomic performance and informing policy decisions.
Key Facts
- Hungary's industrial production grew 4.9% in Q4 2022 compared to Q4 2021.
- The industrial sector accounts for over 25% of Hungary's GDP.
- Manufacturing is a key driver of the Hungarian economy.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' measures the year-over-year percent change in Hungary's industrial production.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the pace of Hungary's manufacturing activity and overall economic health, making it relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated as the percent change from the same quarter in the previous year.
Q: How is this trend used in economic policy?
A: The industrial production growth rate is a key input for evaluating Hungary's macroeconomic performance and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, but it provides a timely and reliable indicator of Hungary's industrial activity.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (HUNPIEAEN02GYQ), retrieved from FRED.