Consumer Price Index: Clothing and Footwear (COICOP 03): Total for India
Growth rate previous period, Monthly
INDCP030000GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
-43.99%
Date Range
2/1/2013 - 5/1/2019
Summary
The growth rate previous period, monthly trend measures the month-over-month change in industrial production. This metric is a key indicator of overall economic activity and helps policymakers monitor the health of the manufacturing sector.
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 trend tracks the month-over-month percentage change in the Federal Reserve's industrial production index. This metric provides insight into the short-term direction of manufacturing, mining, and utilities output, which are important drivers of the broader economy.
Methodology
The data is calculated from the Federal Reserve's monthly industrial production survey.
Historical Context
Analysts and policymakers use this metric to assess the momentum of industrial activity and identify turning points in the business cycle.
Key Facts
- The index has a base year of 2017 = 100.
- The series dates back to January 1919.
- Positive values indicate month-over-month expansion.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the month-over-month percentage change in the Federal Reserve's industrial production index.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insight into the direction of manufacturing, mining, and utilities output, which are important drivers of overall economic activity.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Reserve's monthly industrial production survey.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the momentum of industrial activity and identify turning points in the business cycle.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around 15 days from the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (INDCP030000GPM), retrieved from FRED.