Production: Manufacturing: Total manufacturing: Total manufacturing for the European Union
Index 2015=100, Quarterly, Not Seasonally Adjusted
EU28PRMNTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.47
Year-over-Year Change
1.49%
Date Range
1/1/1990 - 10/1/2019
Summary
This economic trend measures the price index for manufacturing output in the European Union, with a base year of 2015. It provides insights into producer price dynamics and industrial production activity.
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 Producer Price Index for Manufacturing Output is a key indicator of industrial cost pressures and producer inflation within the European Union. It tracks the average change in prices received by domestic producers for their manufacturing goods.
Methodology
The data is collected through surveys of manufacturing establishments and compiled by Eurostat.
Historical Context
This index is closely monitored by policymakers, economists, and industry analysts to assess economic conditions and inflationary trends.
Key Facts
- Base year is 2015 = 100.
- Tracks prices received by domestic producers.
- Provides insights into industrial cost pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price index for manufacturing output in the European Union, providing insights into producer price dynamics and industrial production activity.
Q: Why is this trend relevant for users or analysts?
A: This index is closely monitored by policymakers, economists, and industry analysts to assess economic conditions and inflationary trends within the European manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: This index is used by policymakers and analysts to evaluate industrial cost pressures and producer inflation, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a possible delay of several weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (EU28PRMNTO01IXEBSAQ), retrieved from FRED.