Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing for Israel
Growth rate same period previous year, Quarterly
ISRCPGRLH01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.43
Year-over-Year Change
84.22%
Date Range
1/1/1971 - 1/1/2025
Summary
The growth rate same period previous year, Quarterly measures the year-over-year change in a selected economic indicator on a quarterly basis. This metric is widely used by economists and policymakers to analyze economic trends and inform decision-making.
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 indicator tracks the percent change in a variable compared to the same quarter of the previous year. It provides insights into the momentum and trajectory of the economy, helping analysts assess factors like consumer demand, business investment, and productivity.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic indicators.
Historical Context
This growth rate metric is closely monitored by policymakers, investors, and other stakeholders to gauge the health and direction of the economy.
Key Facts
- The growth rate is expressed as a percentage change.
- Quarterly reporting provides a more timely view of economic momentum.
- Year-over-year comparisons help smooth out seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percent change in a selected economic variable compared to the same quarter of the previous year. It provides insights into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year, Quarterly is a widely-used metric that helps economists, policymakers, and investors assess the health and trajectory of the economy. It informs decision-making and analysis across a range of sectors and institutions.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this growth rate metric based on underlying economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this growth rate indicator to gauge the momentum of the economy and inform decisions around monetary policy, fiscal stimulus, and other interventions.
Q: Are there update delays or limitations?
A: The quarterly reporting frequency of this growth rate metric may lag behind some real-time economic indicators, but it provides a more stable, seasonally-adjusted view of economic trends.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (ISRCPGRLH01GYQ), retrieved from FRED.