Calculating Month-Over-Month changes measures the percentage growth or decline in a metric from one month to the next. It's important for tracking short-term performance and identifying monthly trends.
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How to Calculate Month-Over-Month?
Month-Over-Month growth calculation involves subtracting the previous month's value from the current month's value, dividing by the previous month's value, and then multiplying by 100 to get a percentage. For example, if your revenue increased from $8,000 in January to $10,000 in February, your MoM growth would be (($10,000 - $8,000) / $8,000) * 100 = 25%.
Month-Over-Month Calculation
Month-Over-Month formula
Month-Over-Month Growth = ((Current Month's Value - Previous Month's Value) / Previous Month's Value) x 100
