Wholesale Prices: Industry Aggregates: Manufactured Products: Total for India
Growth rate same period previous year, Quarterly
INDWPIAMP01GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.28
Year-over-Year Change
-12989.22%
Date Range
4/1/1995 - 7/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year percent change in the Producer Price Index for All Commodities. This important indicator provides insight into producer-level inflationary pressures in the U.S. economy.
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 Producer Price Index for All Commodities tracks changes in wholesale prices across a broad range of goods and materials. The year-over-year growth rate offers economists and policymakers a timely gauge of producer-driven inflation, which can inform decisions on monetary policy and forecasting.
Methodology
This data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of domestic producers.
Historical Context
The growth rate in producer prices is closely monitored by the Federal Reserve and other institutions to assess macroeconomic conditions and inflationary trends.
Key Facts
- The PPI for All Commodities covers over 10,000 products.
- Producer prices lead consumer prices in the inflation cycle.
- The Fed targets a 2% annual inflation rate for price stability.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' metric measures the year-over-year percent change in the Producer Price Index for All Commodities, a broad indicator of wholesale price inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into producer-driven inflationary pressures, which can inform economic forecasting, monetary policy decisions, and assessments of the overall macroeconomic environment.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of domestic producers.
Q: How is this trend used in economic policy?
A: The growth rate in producer prices is closely monitored by the Federal Reserve and other institutions to assess macroeconomic conditions and inflationary trends, which can influence monetary policy decisions.
Q: Are there update delays or limitations?
A: The Producer Price Index data is published monthly with a typical lag of around two weeks.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (INDWPIAMP01GYQ), retrieved from FRED.