Producer Prices Index: Economic Activities: Industrial Activities: Total for Denmark
DNKPIEATI01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-18.22
Year-over-Year Change
-1939.26%
Date Range
4/1/1985 - 10/1/2022
Summary
The Producer Prices Index (PPI) for Industrial Activities in Denmark measures changes in the selling prices received by domestic producers for their output. This metric provides insight into inflationary pressures and the overall health of the Danish industrial sector.
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 Producer Prices Index for Industrial Activities in Denmark is a key economic indicator that tracks the average change in prices received by domestic producers for their goods and services. This index is used by policymakers, analysts, and businesses to monitor trends in industrial output prices and assess inflationary pressures in the Danish economy.
Methodology
The data is collected through surveys of domestic producers and calculated based on a representative sample of industrial activities.
Historical Context
The PPI for Denmark's industrial sector is closely watched by the Danish central bank and government for insights into producer-level inflation and economic conditions.
Key Facts
- The PPI for Danish industrial activities uses 2015 as the base year.
- This index covers approximately 65% of the total Danish economy.
- PPI data is released monthly by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Industrial Activities in Denmark measures the average change in prices received by domestic producers for their goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and the overall health of Denmark's industrial sector, which is crucial information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated based on a representative sample of industrial activities.
Q: How is this trend used in economic policy?
A: The PPI for Denmark's industrial sector is closely monitored by the central bank and government for insights into producer-level inflation and overall economic conditions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by Statistics Denmark with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Denmark (DNKPIEATI01GPQ), retrieved from FRED.