Consumer Price Index: Education (COICOP 10): Total for Luxembourg
Growth rate previous period, Quarterly
LUXCP100000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.06
Year-over-Year Change
-45.93%
Date Range
4/1/1995 - 10/1/2023
Summary
The 'Growth rate previous period, Quarterly' series measures the quarterly growth rate of a specified economic indicator compared to the previous quarter. This metric is crucial for economists and policymakers to assess the pace of economic expansion or contraction.
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 quarter-over-quarter growth rate, expressed as a percentage change, for a key economic variable. It provides a more timely and granular view of economic performance compared to annual growth rates, enabling policymakers to respond more quickly to changing conditions.
Methodology
The data is calculated based on the quarter-to-quarter change in the relevant economic indicator.
Historical Context
This growth rate metric is widely used by central banks, government agencies, and private analysts to inform monetary and fiscal policy decisions.
Key Facts
- The data is released on a quarterly basis.
- Growth rates can be positive or negative, indicating economic expansion or contraction.
- This metric provides a more timely signal of economic trends compared to annual growth rates.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarter-over-quarter growth rate of a key economic indicator, providing a snapshot of the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This growth rate metric is crucial for economists and policymakers to assess the current state of the economy and inform policy decisions in a timely manner.
Q: How is this data collected or calculated?
A: The data is calculated based on the quarter-to-quarter change in the relevant economic indicator.
Q: How is this trend used in economic policy?
A: This growth rate metric is widely used by central banks, government agencies, and private analysts to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, providing a timely view of economic performance.
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Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Luxembourg
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (LUXCP100000GPQ), retrieved from FRED.