The phrase "percent year" is commonly used to indicate growth or change over a period of one year. It represents a percentage that tells you how much something has increased or decreased compared to its initial value within a year. Full definition
Additionally, revenue was up 43 percent from the year ago period, and the retailer reached 9.5 million active users, up 43 percent year over year. (cnbc.com)
The study also indicates that the number of people who were over 55 years by age was 10 percent a year ago while it changed to 19 percent by mid 2011. (goodereader.com)
For example, office rents are forecast to fall 1.8 percent this year before turning higher by 4.0 percent in 2012. (nar.realtor)