Business Tendency Surveys (Manufacturing): Selling Prices: Future Tendency: National Indicator for Colombia
COLBSSPFT02STM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.09
Year-over-Year Change
-647.59%
Date Range
1/1/1980 - 11/1/2023
Summary
The Business Tendency Surveys (Manufacturing): Selling Prices: Future Tendency: National Indicator for Colombia measures expected changes in manufacturing selling prices in the future for the Colombian economy.
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
This survey-based indicator provides insights into the expected future direction of manufacturing selling prices in Colombia, offering valuable forward-looking information for economists and policymakers.
Methodology
The data is collected through monthly surveys of manufacturing firms in Colombia.
Historical Context
This indicator is used to gauge inflationary pressures and assess the business climate in the Colombian manufacturing sector.
Key Facts
- The indicator is published monthly by the U.S. Federal Reserve.
- It measures the net balance of manufacturing firms expecting higher selling prices in the future.
- The indicator ranges from -100 to 100, with positive values indicating expected price increases.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the expected future direction of selling prices in the Colombian manufacturing sector, based on a survey of manufacturing firms.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking indicator provides insights into inflationary pressures and the overall business climate in the Colombian manufacturing industry, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms in Colombia.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to assess inflationary pressures and the overall business conditions in the Colombian manufacturing sector, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The indicator is published monthly by the U.S. Federal Reserve, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Business Tendency Surveys (Manufacturing): Selling Prices: Future Tendency: National Indicator for Colombia (COLBSSPFT02STM), retrieved from FRED.