Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Luxembourg
Growth rate previous period, Quarterly
LUXPITGIG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.26
Year-over-Year Change
126.49%
Date Range
4/1/1980 - 10/1/2022
Summary
The Growth Rate Previous Period, Quarterly trend measures the quarter-over-quarter growth rate of an economic indicator. This metric provides insight into the pace and direction of economic activity.
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 indicator represents the percent change in an economic variable compared to the previous quarter. It is a widely used measure of economic momentum and is closely monitored by policymakers and analysts to assess the health and trajectory of the economy.
Methodology
The data is calculated from the original economic series by the U.S. Federal Reserve.
Historical Context
The growth rate is a key input for evaluating economic conditions and informing policy decisions.
Key Facts
- The growth rate can be positive, negative, or zero.
- Rapid growth may signal an overheating economy.
- Slow or negative growth can indicate an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percent change in an economic indicator, providing insight into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate is a key metric for evaluating economic conditions and informing policy decisions, as it reflects the momentum and trajectory of the economy.
Q: How is this data collected or calculated?
A: The data is calculated from the original economic series by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The growth rate is a crucial input for policymakers and analysts in assessing the health of the economy and making informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical release lag of a few weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (LUXPITGIG02GPQ), retrieved from FRED.