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Comment on the informative value of growth rates

Author

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  • Georg Goldrian

Abstract

Recently the Federal Statistical Office released the growth rate of real GDP for the first quarter of 2005, in which seasonally adjusted GDP grew by 1% over the previous quarter. Experts were surprised by the amount of growth. A closer look, however, shows that as a result of season adjustment the informative value of the growth rate is weakened.

Suggested Citation

  • Georg Goldrian, 2005. "Comment on the informative value of growth rates," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(13), pages 47-48, July.
  • Handle: RePEc:ces:ifosdt:v:58:y:2005:i:13:p:47-48
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    File URL: https://www.ifo.de/DocDL/ifosd_2005_13_6.pdf
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    Cited by:

    1. Klaus Abberger & Wolfgang Nierhaus, 2007. "The Ifo Business Climate: A reliable leading indicator," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 60(05), pages 25-30, March.
    2. Klaus Abberger, 2005. "A comparison of time series for producer prices and the price expectations in manufacturing in the Ifo Business Survey," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(14), pages 50-51, July.
    3. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.

    More about this item

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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