Production: Manufacturing: Investment Goods: Total for Spain
Monthly, Not Seasonally Adjusted
ESPPRMNVG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.60
Year-over-Year Change
-3.11%
Date Range
1/1/1965 - 12/1/2018
Summary
The Monthly, Not Seasonally Adjusted index measures changes in the prices of goods and services purchased by Spanish consumers. This leading indicator provides insights into inflation and consumer demand.
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 Monthly, Not Seasonally Adjusted index tracks the price levels of a representative basket of consumer goods and services in Spain. It is a key metric used by economists and policymakers to monitor inflationary pressures and consumer spending patterns.
Methodology
The data is collected through surveys of retailers and consumers across Spain.
Historical Context
This index is closely watched by the European Central Bank and domestic economic authorities to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Spain's inflation rate averaged 2.5% over the past decade.
- Consumer prices account for roughly 55% of Spain's total GDP.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted index tracks changes in the prices of consumer goods and services in Spain.
Q: Why is this trend relevant for users or analysts?
A: This index provides key insights into inflationary pressures and consumer spending patterns, which are critical for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is gathered through surveys of retailers and consumers across Spain.
Q: How is this trend used in economic policy?
A: The Monthly, Not Seasonally Adjusted index is closely monitored by the European Central Bank and Spanish authorities to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (ESPPRMNVG01IXOBM), retrieved from FRED.