Producer Prices Index: Economic Activities: Manufacturing: Domestic for Austria
Growth rate same period previous year, Monthly
PIEAMP02ATM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.69
Year-over-Year Change
-16.86%
Date Range
1/1/2000 - 12/1/2022
Summary
The Growth Rate Same Period Previous Year, Monthly measures the year-over-year change in a specific economic indicator on a monthly basis. This metric is closely watched by economists and policymakers to gauge the pace of economic growth and assess the need for policy adjustments.
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 series tracks the year-over-year growth rate of a selected economic variable, providing insight into the trajectory and momentum of the economy. It is a useful indicator for analyzing economic trends and informing policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly time series information.
Historical Context
Economists and policymakers use this metric to monitor the health of the economy and identify potential areas for policy intervention.
Key Facts
- Measures year-over-year change in an economic indicator.
- Provides insight into the pace and momentum of economic growth.
- Used by economists and policymakers to assess the health of the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in a specific economic indicator on a monthly basis, providing insight into the pace and trajectory of economic growth.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists and policymakers as it helps assess the health of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on monthly time series information.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to monitor the health of the economy and identify potential areas for policy intervention, such as adjustments to monetary or fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly, with potential delays in availability depending on the source.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (PIEAMP02ATM659N), retrieved from FRED.