Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Czech Republic
CZEPITGND01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.88
Year-over-Year Change
32.75%
Date Range
2/1/2000 - 11/1/2022
Summary
The Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for the Czech Republic measures changes in the prices received by domestic producers of non-durable consumer goods. This indicator provides insights into inflationary pressures and producer-level pricing dynamics.
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 index tracks the wholesale prices of non-durable consumer goods produced in the Czech Republic. It is a key metric for analyzing production-side inflation and supplier pricing power within the broader economy.
Methodology
The data is collected through surveys of Czech domestic producers and calculated as a weighted index by the Czech Statistical Office.
Historical Context
This index is closely monitored by Czech policymakers and analysts to gauge overall economic conditions and inform monetary and fiscal policy decisions.
Key Facts
- The index base year is 2015 = 100.
- Non-durable consumer goods include food, beverages, and other consumable products.
- Prices are measured at the producer level before reaching consumers.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the wholesale prices received by domestic producers of non-durable consumer goods in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inflationary pressures at the producer level, which can inform monetary policy decisions and business planning.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Czech domestic producers and calculated as a weighted index by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This index is closely monitored by Czech policymakers to gauge overall economic conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Czechia
CZECPHP0405GYM
Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Czechia
BSCURT02CZQ160S
Producer Prices Index: Type of Goods: Investments Goods: Domestic for Czech Republic
PITGVG02CZM661N
Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Czech Republic
00XSEACZM086NEST
Leading Indicators OECD: Leading indicators: CLI: Trend restored for the Czech Republic
CZELOLITOTRGYSAM
Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for Czech Republic
CP8283CZM086NEST
Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Czech Republic (CZEPITGND01GPM), retrieved from FRED.