Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Hungary
Growth rate previous period, Quarterly
HUNPIEAFD01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.32
Year-over-Year Change
266.59%
Date Range
4/1/1998 - 10/1/2022
Summary
This economic indicator measures the quarterly growth rate of the previous period's value for the United States. It provides insights into the trajectory and pace of economic changes.
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, quarterly metric tracks the quarter-over-quarter percentage change in an economic variable, using the prior period's value as the baseline. It is a key measure of economic momentum and can help identify emerging trends in the economy.
Methodology
This data is calculated by the U.S. Federal Reserve using standard statistical methods.
Historical Context
Policymakers and analysts closely monitor this metric to inform economic forecasting and policy decisions.
Key Facts
- The growth rate previous period is expressed as a percentage change.
- This metric helps identify accelerating or decelerating economic trends.
- The data is released quarterly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in an economic variable, using the prior period's value as the baseline.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key measure of economic momentum that helps identify emerging trends in the economy, informing forecasting and policy decisions.
Q: How is this data collected or calculated?
A: This data is calculated by the U.S. Federal Reserve using standard statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to inform economic forecasting and policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (HUNPIEAFD01GPQ), retrieved from FRED.