Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Luxembourg
Growth rate same period previous year, Quarterly
LUXCP030000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
-58.41%
Date Range
1/1/1996 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in a selected economic indicator, reported on a quarterly basis. This metric is critical for analyzing economic performance and trends.
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 series tracks the year-over-year growth rate of a specified economic variable, providing insight into how the indicator has changed compared to the same quarter of the prior year. Economists and policymakers use this data to assess the momentum and direction of the economy.
Methodology
The growth rate is calculated by the U.S. Federal Reserve using the original data series.
Historical Context
Analysts and institutions monitor this metric to inform economic forecasting and policy decisions.
Key Facts
- Reported on a quarterly basis
- Measures change compared to prior year
- Provides insight into economic momentum
FAQs
Q: What does this economic trend measure?
A: This series tracks the year-over-year growth rate of a selected economic indicator, reported on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers use this data to assess the momentum and direction of the economy, informing economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The growth rate is calculated by the U.S. Federal Reserve using the original data series.
Q: How is this trend used in economic policy?
A: Analysts and institutions monitor this metric to inform economic forecasting and policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with the most recent quarter available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (LUXCP030000GYQ), retrieved from FRED.