Monetary Aggregates and Their Components: Broad Money and Components: M3 for Hungary
Growth rate previous period, Annual, Seasonally Adjusted
MABMM301HUA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.57
Year-over-Year Change
-785.23%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the annual growth rate of a variable, adjusted for seasonal fluctuations. It provides insights into the pace and direction of economic changes over the previous year.
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, annual, seasonally adjusted metric tracks year-over-year changes in an economic indicator, with seasonal factors removed. This helps analysts and policymakers identify underlying trends and drivers of economic performance.
Methodology
The data is calculated by the U.S. Federal Reserve using established statistical methods to adjust for seasonal patterns.
Historical Context
This metric is widely used to inform economic policy decisions and market analyses.
Key Facts
- Measures year-over-year changes in an economic indicator.
- Helps identify underlying economic trends by removing seasonal effects.
- Used extensively by policymakers and analysts to inform decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of an economic variable, with seasonal fluctuations removed. It provides insights into the pace and direction of underlying economic changes.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the true performance of the economy by isolating the core, non-seasonal drivers of change. It informs policy decisions and market analyses.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using established statistical methods to adjust for seasonal patterns.
Q: How is this trend used in economic policy?
A: This metric is widely used by policymakers and economists to assess the state of the economy and inform policy decisions, as it provides a clear picture of underlying economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological considerations of the U.S. Federal Reserve, which may result in occasional update delays or revisions.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (MABMM301HUA657S), retrieved from FRED.