Production: Manufacturing: Consumer Goods: Total for Hungary
Monthly, Not Seasonally Adjusted
HUNPRMNCG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.41
Year-over-Year Change
-6.49%
Date Range
1/1/1999 - 10/1/2023
Summary
This series measures the monthly, non-seasonally adjusted Producer Price Index (PPI) for natural gas, which tracks the wholesale prices of natural gas in the United States. It is an important indicator of energy costs and producer inflation.
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 natural gas is a key metric for monitoring the state of the U.S. energy market and production costs. It provides insights into the pricing dynamics faced by natural gas producers and serves as an input for broader measures of producer inflation.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of natural gas producers and distributors.
Historical Context
Policymakers and market analysts use this PPI trend to assess energy-related inflationary pressures and make informed decisions.
Key Facts
- The PPI for natural gas is a leading indicator of energy costs.
- Natural gas is a major input for many industries, so its price fluctuations can impact broader producer inflation.
- The PPI for natural gas is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, non-seasonally adjusted Producer Price Index (PPI) for natural gas in the United States, which tracks the wholesale prices of natural gas.
Q: Why is this trend relevant for users or analysts?
A: The PPI for natural gas is an important indicator of energy costs and producer inflation, providing insights into the pricing dynamics faced by natural gas producers and serving as an input for broader measures of producer prices.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of natural gas producers and distributors.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this PPI trend to assess energy-related inflationary pressures and make informed decisions about economic policy and market conditions.
Q: Are there update delays or limitations?
A: The PPI for natural gas is published monthly by the U.S. Bureau of Labor Statistics, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (HUNPRMNCG01IXOBM), retrieved from FRED.