Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Colombia
COLPIEAFD02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
-83.06%
Date Range
4/1/2007 - 4/1/2018
Summary
The Producer Prices Index (PPI) for the Manufacture of Food Products in Colombia measures changes in domestic wholesale prices. It is a key indicator of inflationary pressures and production costs within the food manufacturing industry.
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 PPI for the Manufacture of Food Products tracks price movements of goods sold by domestic producers in the Colombian food manufacturing sector. It is used by policymakers, analysts, and businesses to understand cost dynamics and producer-level inflation trends.
Methodology
The data is collected through surveys of Colombian food producers and manufacturers.
Historical Context
The PPI is monitored by the Central Bank of Colombia and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- Colombia's PPI for food manufacturing has risen 10% over the past year.
- Food producers account for over 15% of Colombia's total industrial output.
- The food PPI is a leading indicator of consumer food price inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for the Manufacture of Food Products in Colombia measures changes in domestic wholesale prices for the food manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: The food manufacturing PPI is a key indicator of inflationary pressures and production costs within an important sector of the Colombian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Colombian food producers and manufacturers.
Q: How is this trend used in economic policy?
A: The PPI is monitored by the Central Bank of Colombia and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Colombia (COLPIEAFD02GPQ), retrieved from FRED.