Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg
Growth rate previous period, Monthly
LUXPIEATI01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.48
Year-over-Year Change
-62.26%
Date Range
2/1/1980 - 12/1/2022
Summary
The growth rate previous period, monthly trend measures the month-over-month change in a key economic indicator. This metric is closely watched by economists and policymakers to gauge the pace of economic growth.
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
The growth rate previous period, monthly series tracks the monthly change in a major economic variable compared to the prior month. This provides insight into the momentum and trajectory of the economy, which is crucial for making informed policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Historical Context
This growth rate metric is widely used by analysts, institutions, and policymakers to monitor economic conditions and guide policy responses.
Key Facts
- Measures month-over-month change in a key economic variable.
- Provides insight into the momentum and trajectory of the economy.
- Closely watched by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the month-over-month change in a key economic indicator, providing insight into the pace of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to gauge the momentum and trajectory of the economy, which informs policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic statistics.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly metric is widely used by analysts, institutions, and policymakers to monitor economic conditions and guide policy responses.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve with minimal delays, providing timely insights into the state of the economy.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (LUXPIEATI01GPM), retrieved from FRED.