Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Luxembourg
Growth rate same period previous year
LUXCPHP0900GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-92.73%
Date Range
1/1/1997 - 3/1/2025
Summary
The growth rate same period previous year measures the year-over-year change in a selected economic variable. This metric is widely used by economists and policymakers to analyze economic trends and inform policy decisions.
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 calculates the percent change in a given economic indicator compared to the same period the previous year. It provides a normalized view of the year-on-year growth or decline, which helps identify persistent trends or cyclical patterns in the data.
Methodology
The data is calculated directly from the underlying economic time series.
Historical Context
Policymakers and analysts monitor this growth rate to assess the health and direction of the broader economy.
Key Facts
- The growth rate can be positive or negative, indicating expansion or contraction.
- This metric is seasonally adjusted to remove regular cyclical patterns.
- Analyzing the growth rate can help identify turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The growth rate same period previous year measures the percent change in a selected economic indicator compared to the same period one year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a normalized view of year-on-year growth or decline, which helps identify persistent trends or cyclical patterns in the data.
Q: How is this data collected or calculated?
A: The data is calculated directly from the underlying economic time series.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this growth rate to assess the health and direction of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve with minimal delay, providing a timely view of economic conditions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year (LUXCPHP0900GYM), retrieved from FRED.