Producer Prices Index: Economic activities: Manufacturing: Domestic for the European Union
EU28PIEAMP02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.23
Year-over-Year Change
-2359.12%
Date Range
4/1/1995 - 4/1/2020
Summary
The Producer Prices Index (PPI) for Manufacturing in the European Union measures the change in wholesale prices for goods produced by the manufacturing sector. This metric is a key indicator of inflationary pressures and economic activity in the region.
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 PPI for Manufacturing tracks the average change in prices received by producers of manufactured goods in the European Union. It is a widely followed gauge of producer price inflation and a leading indicator of consumer price changes across the region.
Methodology
The data is collected through surveys of manufacturing enterprises and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use the PPI to assess the state of the EU manufacturing economy and inform monetary and fiscal policy decisions.
Key Facts
- The PPI for Manufacturing is published monthly by Eurostat.
- The index tracks price changes for ~200,000 transactions across the EU.
- Economists use the PPI to predict future consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Manufacturing in the European Union measures the change in wholesale prices for goods produced by the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and economic activity in the EU manufacturing industry, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing enterprises and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the PPI to assess the state of the EU manufacturing economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The PPI for Manufacturing is published monthly by Eurostat with a brief delay.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Manufacturing: Domestic for the European Union (EU28PIEAMP02GPQ), retrieved from FRED.