Producer Prices Index: Type of Goods: Investments Goods: Domestic for Luxembourg
Growth rate same period previous year, Quarterly
LUXPITGVG02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.31
Year-over-Year Change
193.65%
Date Range
1/1/1981 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' measures the year-over-year change in a given economic indicator on a quarterly basis. This metric is widely used by economists and policymakers to analyze economic trends and inform decision-making.
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 indicator tracks the growth rate of a variable compared to the same quarter in the previous year. It provides insight into the pace and direction of economic change over time, which is crucial for understanding business cycles, consumer behavior, and the effectiveness of policy interventions.
Methodology
The data is calculated by the U.S. Federal Reserve based on primary economic statistics.
Historical Context
Analysts and policymakers use this metric to assess the overall health and trajectory of the economy.
Key Facts
- This metric is reported on a quarterly basis.
- The growth rate can be positive, negative, or zero, indicating economic expansion, contraction, or stagnation.
- Year-over-year comparisons help smooth out seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' tracks the year-over-year change in a given economic variable on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the pace and direction of economic change, which is crucial for understanding business cycles, consumer behavior, and the effectiveness of policy interventions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on primary economic statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the overall health and trajectory of the economy, which informs decision-making and policy interventions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay between the end of the quarter and the release of the updated figures.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (LUXPITGVG02GYQ), retrieved from FRED.