Producer Prices Index: Economic activities: Manufacturing: Total for the European Union
EU28PIEAMP01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.49
Year-over-Year Change
-203.06%
Date Range
2/1/2000 - 6/1/2020
Summary
The Producer Prices Index (PPI) for Manufacturing in the European Union measures the average change in selling prices received by domestic producers for their output. It is a key indicator of inflationary pressures and production costs.
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 EU28 Manufacturing PPI tracks price changes for goods and services produced by the EU's manufacturing sector. It is used by economists, policymakers, and market analysts to assess underlying price dynamics, competitiveness, and the state of the broader economy.
Methodology
The data is collected through surveys of EU manufacturing companies and aggregated by Eurostat.
Historical Context
The Manufacturing PPI is closely monitored by the European Central Bank and national governments for insights into inflation, trade, and economic growth.
Key Facts
- The EU28 Manufacturing PPI has a base year of 2015.
- Manufacturing accounts for over 20% of the EU's gross domestic product.
- Producer prices tend to lead consumer prices in signaling broader inflation.
FAQs
Q: What does this economic trend measure?
A: The EU28 Manufacturing PPI measures the average change in prices received by domestic producers for the sale of their manufacturing goods and services within the European Union.
Q: Why is this trend relevant for users or analysts?
A: The Manufacturing PPI is a leading indicator of inflationary pressures and production costs, providing valuable insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing companies across the EU and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: The Manufacturing PPI is closely monitored by the European Central Bank and national governments as an input for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The EU28 Manufacturing PPI data is published monthly by Eurostat with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Manufacturing: Total for the European Union (EU28PIEAMP01GPM), retrieved from FRED.