Annual
BPFAOI02RUA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-83,326,000,000.00
Year-over-Year Change
526.70%
Date Range
1/1/1994 - 1/1/2011
Summary
The Annual trend measures the average annual change in the Producer Price Index for Finished Goods, a key indicator of producer inflation in the United States. It is closely watched by economists and policymakers to gauge price pressures and inform monetary policy decisions.
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 Annual trend tracks the year-over-year percentage change in the Producer Price Index for Finished Goods, which measures the average change in prices received by domestic producers for their output. This metric provides insight into inflationary pressures at the producer level, offering leading indicators for consumer price inflation.
Methodology
The data is collected and calculated monthly by the U.S. Bureau of Labor Statistics as part of the Producer Price Index program.
Historical Context
The Annual trend is a critical input for the Federal Reserve and other policymakers in assessing the state of the economy and setting appropriate monetary policy.
Key Facts
- The Producer Price Index tracks wholesale price changes.
- Finished goods represent the final stage of production.
- The Annual trend is a year-over-year percentage change.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average annual change in the Producer Price Index for Finished Goods, a key indicator of producer inflation in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides valuable insight into inflationary pressures at the producer level, offering leading indicators for consumer price inflation, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the U.S. Bureau of Labor Statistics as part of the Producer Price Index program.
Q: How is this trend used in economic policy?
A: The Annual trend is a critical input for the Federal Reserve and other policymakers in assessing the state of the economy and setting appropriate monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and the Annual trend represents a year-over-year change, so it may not capture more recent or short-term price movements.
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Citation
U.S. Federal Reserve, Annual (BPFAOI02RUA637N), retrieved from FRED.