Producer Prices Index: Economic activities: Industrial activities: Domestic for Sweden
Growth rate previous period, Quarterly
SWEPIEATI02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
-26.61%
Date Range
4/1/1990 - 10/1/2022
Summary
The 'Growth rate previous period, Quarterly' trend measures the quarterly percent change in Swedish industrial production. This indicator is closely watched by economists to assess the overall health and direction of the Swedish economy.
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, Quarterly' series tracks the quarter-over-quarter percent change in industrial production in Sweden. It provides a timely gauge of Sweden's manufacturing and broader economic activity, which is crucial for policymakers and analysts to monitor.
Methodology
The data is collected through surveys of industrial firms and calculated as the percent change from the previous quarter.
Historical Context
This indicator is used by the Riksbank, Sweden's central bank, and other economic institutions to evaluate near-term trends and inform policy decisions.
Key Facts
- Sweden is a major industrial economy in Northern Europe.
- Manufacturing accounts for about 18% of Sweden's GDP.
- Quarterly production growth averaged 0.4% from 2010-2020.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Quarterly' series tracks the quarter-over-quarter percent change in industrial production in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a timely gauge of Sweden's manufacturing and broader economic activity, which is crucial for policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated as the percent change from the previous quarter.
Q: How is this trend used in economic policy?
A: This indicator is used by the Riksbank, Sweden's central bank, and other economic institutions to evaluate near-term trends and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a short delay, providing a relatively timely snapshot of Swedish industrial production.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (SWEPIEATI02GPQ), retrieved from FRED.