@pcy |

One-year percentage change, (in percent).

Syntax: @pcy(x)

x: series

n: integer, series

Return: series

Returns one-year percentage change (in percent) in the series x:

where is the lag associated with the yearly frequency (e.g., for quarterly data, for monthly data).

This function is panel aware.

Examples

If x is a series of monthly profits, then

show @pcy(x)

produces a linked series of one-year profit growth in percent.

Cross-references