Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Colombia
Index 2015=100, Monthly
COLPIEAFD02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.42
Year-over-Year Change
-0.98%
Date Range
12/1/2006 - 8/1/2018
Summary
The Index 2015=100, Monthly tracks the Producer Price Index (PPI) for final demand, measuring changes in prices received by domestic producers for their output. This metric is a key indicator of inflationary pressures in the U.S. 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
The PPI for final demand is a comprehensive measure of price changes at the producer level, including goods, services, and construction. It is a leading indicator used by economists and policymakers to understand trends in wholesale inflation and monitor overall economic conditions.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The PPI is closely watched by the Federal Reserve and other institutions in formulating economic and monetary policy.
Key Facts
- The PPI is a leading indicator of future consumer price inflation.
- The PPI covers a wide range of domestic production, from raw materials to finished goods.
- Month-over-month changes in the PPI can signal emerging inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly tracks changes in the prices received by domestic producers for their output, including goods, services, and construction.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and a leading predictor of future consumer price inflation, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the Federal Reserve and other institutions in formulating economic and monetary policy, as it provides insights into emerging inflationary pressures in the producer economy.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the Bureau of Labor Statistics, with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (COLPIEAFD02IXOBM), retrieved from FRED.