Definition: Year-on-year growth rate

Category: OECD - Data and Metadata Reporting

Year-on-year growth rates (YoY) are rates of change expressed over the corresponding period (month or quarter in relation to the frequency of the data) of the previous year. http://ec.europa.eu/eurostat/ramon/coded_files/OECD_data_metadata_report_handbook_EN.pdf United Nations Economic Commission for Europe (UNECE), "Practical Guide to Seasonal Adjustment With Demetra+",  Geneva, 2012
Source:
Task force on data and metadata presentation for the OECD Short-term Economic Statistics Working Party (STESWP), Paris, 2004 [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
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