Producer Prices Index: Economic Activities: Energy: Domestic for Estonia
ESTPIEAEN02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.66
Year-over-Year Change
-86.70%
Date Range
1/1/2003 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Energy: Domestic for Estonia measures changes in the selling prices received by domestic producers of energy-related goods and services. This metric is crucial for economists and policymakers to monitor inflationary pressures and producer cost 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
The Producer Prices Index tracks the average change in prices received by domestic producers across various economic activities and sectors. The energy-focused index specifically covers the production and supply of energy-related goods and services within Estonia, providing insights into producer cost inflation within the energy industry.
Methodology
The data is collected through surveys of Estonian producers and calculated as a chained Laspeyres index.
Historical Context
This index is used by policymakers, analysts, and businesses to assess price trends and pressures across the Estonian energy sector.
Key Facts
- The index has a base year of 2015.
- Energy accounts for approximately 10% of Estonia's total producer price index.
- Prices are collected from a sample of over 1,500 Estonian businesses.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Energy: Domestic for Estonia measures changes in the selling prices received by domestic producers of energy-related goods and services within Estonia.
Q: Why is this trend relevant for users or analysts?
A: This index provides crucial insights into inflationary pressures and cost dynamics within Estonia's energy sector, which is important for policymakers, businesses, and economists analyzing the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Estonian producers and calculated as a chained Laspeyres index.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses use this index to assess price trends and pressures across the Estonian energy sector, which informs decisions around monetary policy, energy policy, and business strategy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 1-month lag between the reference period and the release date.
Related Trends
Harmonized Index of Consumer Prices: Water Supply for Estonia
CP0441EEM086NEST
Consumer Price Index: Harmonized Prices: Energy: Total for Estonia
ESTCPHPEN01GPM
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Estonia
LREMTTTTEEA156N
Unemployment to Population Rate: All Ages: Females for Estonia
LRUPTTFEEEQ156S
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Estonia
00XAPMEEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Estonia
ESTCPSDCTGYCTGYM
Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Energy: Domestic for Estonia (ESTPIEAEN02GYM), retrieved from FRED.