year-on-year

Definitions

Economics

  • Compared to the corresponding data from one year previously. For example, if a firm's 2nd-quarter profit rose 12% y/y, then its 2nd-quarter profit this year was 12% higher than its 2nd quarter profit the year before. Same as year-over-year.
  • acronymY/Y
    (written as Year-on-year)
  • acronymYOY
    (written as Year-on-year)
  • Year-on-year
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