Producer Prices Index: Economic Activities: Manufacturing: Domestic for Czech Republic
CZEPPDMAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.88
Year-over-Year Change
37.75%
Date Range
1/1/1990 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Economic Activities: Manufacturing: Domestic in the Czech Republic measures changes in the prices received by domestic manufacturers. It is a key indicator of inflationary pressures and industrial production in the Czech 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 Manufacturing: Domestic tracks the wholesale prices of goods produced and sold within the Czech Republic. It is used by policymakers, economists, and businesses to assess price dynamics, monitor production costs, and forecast economic conditions.
Methodology
The data is collected by the Czech Statistical Office through surveys of domestic manufacturing firms.
Historical Context
The PPI is a leading indicator of inflation and provides insights into supply chain pressures and pricing power within the Czech industrial sector.
Key Facts
- The PPI covers over 80% of total industrial output in the Czech Republic.
- Domestic manufacturing accounts for nearly 25% of Czech GDP.
- Producer prices in the Czech Republic rose by 24.5% year-over-year in 2022.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Economic Activities: Manufacturing: Domestic measures changes in the wholesale prices received by manufacturers for goods produced and sold within the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Czech manufacturing is a key indicator of inflationary pressures, production costs, and pricing power within the industrial sector, providing insights for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the Czech Statistical Office through monthly surveys of domestic manufacturing firms.
Q: How is this trend used in economic policy?
A: The PPI for Czech manufacturing is used by the Czech National Bank and other policymakers to monitor inflation and industrial activity, informing monetary policy decisions and economic forecasts.
Q: Are there update delays or limitations?
A: The PPI data is typically released with a 1-month lag and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacturing: Domestic for Czech Republic (CZEPPDMAINMEI), retrieved from FRED.