Labor Compensation: Earnings: Manufacturing: Monthly for Slovak Republic
Index 2015=100, Annual, Not Seasonally Adjusted
LCEAMN03SKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.10
Year-over-Year Change
75.41%
Date Range
1/1/1992 - 1/1/2022
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted measures the annual change in the consumer price index for all urban consumers in Germany. This key economic indicator provides insights into inflationary trends and purchasing power.
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
This index tracks the average change in prices paid by consumers for a basket of goods and services in Germany. It is a widely referenced measure of consumer inflation and an important input for economic policymaking and market analysis.
Methodology
The data is calculated by the German Federal Statistical Office based on a survey of consumer expenditures.
Historical Context
Policymakers, central banks, and economists closely monitor this index to assess the health of the German economy and inform monetary and fiscal policy decisions.
Key Facts
- The base year for this index is 2015.
- Germany is the largest economy in the Eurozone.
- This index is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual change in consumer prices for a basket of goods and services in Germany. It is a key indicator of inflation in the German economy.
Q: Why is this trend relevant for users or analysts?
A: The German consumer price index is closely watched by policymakers, central banks, and market analysts to assess inflationary pressures and the overall health of the German economy.
Q: How is this data collected or calculated?
A: The data is calculated by the German Federal Statistical Office based on a monthly survey of consumer expenditures.
Q: How is this trend used in economic policy?
A: Central banks, such as the European Central Bank, use this index to inform monetary policy decisions aimed at maintaining price stability. Economists and analysts also use it to monitor inflationary trends and the purchasing power of German consumers.
Q: Are there update delays or limitations?
A: This index is published on a monthly basis, with a typical delay of 2-3 weeks from the end of the reference period.
Related Trends
Value of Exports to Slovakia from Alabama
ALSVKA052SCEN
Production: Mining: Total for Slovak Republic
SVKPRMITO01IXOBSAQ
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Slovakia
00XAPMSKM086NEST
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total for Slovak Republic
ULQECU01SKQ661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Slovak Republic
SVKCP040000IXOBM
Production: Manufacturing: Total Manufacturing for Slovak Republic
SVKPRMNTO01GPSAM
Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (LCEAMN03SKA661N), retrieved from FRED.