Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Luxembourg
Growth rate same period previous year, Quarterly
LUXCPGRSE01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.88
Year-over-Year Change
-42.14%
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 quarterly economic indicator. This metric provides insight into the pace of economic expansion or contraction over time.
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 economic trend tracks the year-over-year percent change in a given quarterly indicator, allowing analysts to assess the direction and magnitude of economic growth compared to the prior year. It is a widely used statistic for evaluating business cycles and inflationary pressures.
Methodology
The data is calculated by the U.S. Federal Reserve using underlying quarterly economic indicators.
Historical Context
Policymakers and investors closely monitor this trend to gauge the overall health of the economy and make informed decisions.
Key Facts
- Measures the year-over-year change in a quarterly economic indicator.
- Provides insight into the pace of economic expansion or contraction.
- Used by policymakers and investors to assess the health of the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in a given quarterly economic indicator, allowing for assessment of the direction and magnitude of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and investors to evaluate business cycles, inflationary pressures, and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using underlying quarterly economic indicators.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor this trend to make informed decisions about the direction of the economy and potential policy interventions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, so there may be a short delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (LUXCPGRSE01GYQ), retrieved from FRED.