Producer Prices Index: Economic Activities: Manufacturing: Domestic for OECD
Growth rate previous period, Monthly
OECDPIEAMP02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.43
Year-over-Year Change
-246.12%
Date Range
2/1/1982 - 12/1/2022
Summary
The growth rate previous period, monthly trend measures the month-over-month change in a selected economic indicator. It provides insights into the short-term dynamics of economic conditions.
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 monthly growth rate series tracks the percent change in a key economic metric compared to the prior month. It is a widely followed indicator used by economists, policymakers, and market analysts to assess the momentum and direction of the economy.
Methodology
The data is calculated based on the previous month's reported value for the selected economic indicator.
Historical Context
The growth rate previous period is a valuable input for evaluating current economic policies and forecasting future trends.
Key Facts
- The growth rate is calculated as a percent change from the prior month.
- It is a key input for policymakers and analysts monitoring economic momentum.
- The data is published by the OECD on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the percent change in a key economic indicator from the prior month.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the short-term momentum and direction of the economy, which is essential for evaluating policies and forecasting future conditions.
Q: How is this data collected or calculated?
A: The growth rate is calculated based on the previous month's reported value for the selected economic indicator.
Q: How is this trend used in economic policy?
A: The growth rate previous period is a crucial input for policymakers and analysts assessing current economic conditions and the effectiveness of policy interventions.
Q: Are there update delays or limitations?
A: The data is published by the OECD on a monthly basis, with typical lags of 1-2 months in the release of the latest figures.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (OECDPIEAMP02GPM), retrieved from FRED.