Producer Prices Index: Economic activities: Industrial activities: Domestic for the European Union
EU28PIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
-220.32%
Date Range
2/1/2000 - 6/1/2020
Summary
The Producer Prices Index (PPI) for economic activities in the European Union measures changes in the average selling prices received by domestic producers of goods and services. It is a key indicator of inflationary pressures and economic conditions.
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 economic activities tracks changes in the prices of products and services sold at the producer level, providing insight into upstream inflationary trends before they impact consumers. Policymakers and economists closely monitor the PPI to assess the overall health of the European industrial economy.
Methodology
The data is collected through surveys of a representative sample of EU producers across various sectors.
Historical Context
The PPI is used by central banks, analysts, and businesses to inform decisions on interest rates, investment, and pricing.
Key Facts
- The PPI is calculated as a weighted average of prices received by domestic producers.
- EU producers saw a 2.4% increase in selling prices year-over-year as of the latest data.
- The PPI is released monthly by the European Union's statistical agency, Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for economic activities in the European Union measures changes in the average selling prices received by domestic producers of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI provides insight into upstream inflationary pressures and is a key indicator of the overall health of the European industrial economy, making it highly relevant for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of EU producers across various sectors.
Q: How is this trend used in economic policy?
A: The PPI is used by central banks, analysts, and businesses to inform decisions on interest rates, investment, and pricing.
Q: Are there update delays or limitations?
A: The PPI is released monthly by Eurostat, the European Union's statistical agency.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Industrial activities: Domestic for the European Union (EU28PIEATI02GPM), retrieved from FRED.