Producer Prices Index: Economic Activities: Manufacturing: Domestic for Ireland
Index 2015=100, Annual
IRLPPDMAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.73
Year-over-Year Change
16.60%
Date Range
1/1/1968 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the level of industrial production in major industrial economies on an annual basis, with 2015 as the base year. This metric is a key indicator of economic health and 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 Index 2015=100, Annual tracks changes in the volume of industrial production, including manufacturing, mining, and utilities. It is used by economists and policymakers to assess the overall performance and trends within a country's industrial sector.
Methodology
The data is collected through surveys of industrial producers and calculated as an index with 2015 as the base year.
Historical Context
This index is closely monitored by central banks, governments, and market analysts to inform economic policy and investment decisions.
Key Facts
- The index is published monthly by the U.S. Federal Reserve.
- The index uses 2015 as the base year, with a value of 100.
- Industrial production accounts for about 20% of total U.S. economic output.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the level of industrial production, including manufacturing, mining, and utilities, on an annual basis with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of overall economic health and activity, and is closely monitored by central banks, governments, and market analysts to inform policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and calculated as an index with 2015 as the base year.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Annual is used by policymakers and economists to assess the performance and trends within a country's industrial sector, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve, with a typical one-month delay between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (IRLPPDMAINMEI), retrieved from FRED.