Producer Prices Index: Economic activities: Manufacturing: Domestic for the European Union
EU28PIEAMP02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.78
Year-over-Year Change
-238.17%
Date Range
2/1/1995 - 6/1/2020
Summary
The Producer Prices Index (PPI) for the European Union's manufacturing sector measures the wholesale price changes of goods produced domestically. This key economic indicator provides insights into 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 PPI for EU manufacturing tracks the average change in selling prices received by domestic producers across a broad range of economic activities. It serves as an important leading indicator for inflation, allowing policymakers and analysts to anticipate price changes throughout the supply chain.
Methodology
The data is collected through surveys of producers and calculated as a weighted index.
Historical Context
The PPI is closely monitored by the European Central Bank and other economic institutions to inform monetary policy decisions.
Key Facts
- The PPI for EU manufacturing uses 2015 as the base year.
- The index tracks over 3,000 product items across 24 member states.
- PPI data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for the European Union's manufacturing sector measures the average change in selling prices received by domestic producers across a wide range of economic activities.
Q: Why is this trend relevant for users or analysts?
A: The PPI serves as an important leading indicator for inflation, allowing policymakers and analysts to anticipate price changes throughout the supply chain and inform economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and calculated as a weighted index by Eurostat.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the European Central Bank and other economic institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by Eurostat, with a typical release lag of around 4 weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Manufacturing: Domestic for the European Union (EU28PIEAMP02GPM), retrieved from FRED.