Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Luxembourg
Growth rate same period previous year
LUXCPHP0401GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
6.67%
Date Range
1/1/1997 - 3/1/2025
Summary
The 'Growth rate same period previous year' trend measures the year-over-year change in a selected economic indicator, providing insights into 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 metric is widely used by economists and policymakers to analyze the trajectory of the economy, informing decisions around monetary and fiscal policy. It allows for a more nuanced interpretation of growth than raw percentage changes.
Methodology
The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Historical Context
Analysts and institutions closely monitor this trend to gauge the health of the broader economy.
Key Facts
- The 'Growth rate same period previous year' is expressed as a percentage.
- This trend is calculated for a wide range of economic indicators, including GDP, employment, and consumer prices.
- Positive growth rates indicate economic expansion, while negative rates signal contraction.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year' measures the year-over-year change in a selected economic indicator, providing insights into the pace of economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by economists and policymakers to analyze the trajectory of the economy, informing decisions around monetary and fiscal policy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on the underlying economic indicator.
Q: How is this trend used in economic policy?
A: Analysts and institutions closely monitor this trend to gauge the health of the broader economy, which is crucial for informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as the underlying economic indicator.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (LUXCPHP0401GYM), retrieved from FRED.