Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Estonia
ESTPIEATI02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.48
Year-over-Year Change
5.02%
Date Range
4/1/2002 - 10/1/2022
Summary
The Producer Prices Index for Economic Activities: Industrial Activities: Domestic in Estonia measures the changes in prices received by domestic producers for their output. This metric is a key indicator of inflationary pressures and industrial activity in the Estonian 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 Producer Prices Index (PPI) tracks the average change in prices received by domestic producers for their goods and services. The PPI for Estonia's industrial activities is used by economists and policymakers to assess trends in production costs, producer pricing power, and broader inflationary dynamics.
Methodology
The data is collected through surveys of Estonian producers and calculated according to international statistical standards.
Historical Context
PPI is closely monitored by the Bank of Estonia and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- Estonia's PPI for industrial activities has a base year of 2015.
- The PPI is reported on a quarterly basis by Estonia's statistical agency.
- PPI is a leading indicator of consumer price inflation in the Estonian economy.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Economic Activities: Industrial Activities: Domestic in Estonia 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: PPI is a key indicator of inflationary pressures, production costs, and pricing power in the Estonian industrial sector, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Estonian producers and calculated according to international statistical standards.
Q: How is this trend used in economic policy?
A: The Bank of Estonia and other government agencies closely monitor the PPI to inform monetary and fiscal policy decisions aimed at managing inflation and supporting industrial activity.
Q: Are there update delays or limitations?
A: The PPI for Estonia's industrial activities is reported on a quarterly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Estonia (ESTPIEATI02GPQ), retrieved from FRED.