Producer Prices Index: Economic Activities: Manufacturing: Domestic for Australia
Index 2015=100, Quarterly
AUSPPDMQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.52
Year-over-Year Change
21.91%
Date Range
7/1/1968 - 1/1/2023
Summary
The Index 2015=100, Quarterly trend measures changes in Australian industrial production over time. It is a key indicator for policymakers and analysts to assess the health of the manufacturing sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Quarterly is a seasonally adjusted index that tracks the volume of industrial production in Australia on a quarterly basis. It serves as an important economic barometer, providing insight into the performance and trends within the nation's manufacturing industry.
Methodology
The data is collected through surveys of industrial establishments and calculated by the Australian Bureau of Statistics.
Historical Context
The Index 2015=100, Quarterly is closely monitored by the Reserve Bank of Australia and other economic institutions to inform policy decisions and market analysis.
Key Facts
- The base year for the index is 2015.
- The index tracks volume, not value, of industrial output.
- Australia's manufacturing sector accounts for around 6% of GDP.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the volume of industrial production in Australia on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and performance of Australia's manufacturing sector, providing valuable insights for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is closely monitored by the Reserve Bank of Australia and other economic institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical delay of 2-3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (AUSPPDMQINMEI), retrieved from FRED.