What information is required to compute year-over-year growth?

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To calculate YoY growth, two data points are needed: the value from the current year and the value from the previous year. These numbers can represent metrics like as revenue, profit, sales, website traffic, and clientele. Make that the data being compared is from the same time period (January 2023 vs. January 2024, for instance) to guarantee consistency. Insightful analysis requires precise and trustworthy data collection every year. Help businesses make data-driven decisions based on reliable facts.
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