Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Sweden
Growth rate previous period, Quarterly
SWECP110000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.91
Year-over-Year Change
166.83%
Date Range
4/1/1980 - 7/1/2023
Summary
The growth rate previous period, quarterly trend measures the quarterly change in an economic variable compared to the previous quarter. This metric is widely used by economists and policymakers to analyze economic performance and trends.
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 quarter-over-quarter growth rate of an undisclosed economic indicator. The growth rate provides insights into the pace and direction of economic activity, which is crucial for monitoring economic conditions and informing policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve using confidential source information.
Historical Context
The growth rate previous period is an important economic signal used by the Federal Reserve, financial analysts, and businesses to assess the state of the economy.
Key Facts
- The series is updated quarterly by the Federal Reserve.
- The growth rate is measured as a percentage change from the previous quarter.
- Analysts use this metric to track the pace of economic expansion or contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of an undisclosed economic indicator, providing insights into the pace and direction of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a crucial metric used by economists, policymakers, and businesses to assess current economic conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using confidential source information.
Q: How is this trend used in economic policy?
A: The growth rate previous period is an important signal used by the Federal Reserve, financial analysts, and businesses to monitor the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The series is updated quarterly by the Federal Reserve, with a typical release schedule.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SWECP110000GPQ), retrieved from FRED.