Producer Prices Index: Economic Activities: Manufacturing: Domestic for Norway
Index 2015=100, Quarterly
NORPPDMQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.03
Year-over-Year Change
35.21%
Date Range
1/1/1977 - 10/1/2022
Summary
The Index 2015=100, Quarterly trend measures the nominal personal consumption expenditures price index, a key indicator of consumer inflation in the United States.
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 quarterly index tracks changes in the overall price level for personal consumption expenditures, a broad measure of consumer spending across the economy. It is a commonly used gauge of domestic price pressures and is closely monitored by policymakers.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The index is used by economists, analysts, and policymakers to assess consumer price trends and guide monetary and fiscal policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers a broad basket of consumer goods and services.
- The index is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures changes in the overall price level for personal consumption expenditures in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer inflation and is closely monitored by policymakers, economists, and market analysts to assess domestic price pressures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The index is used by the Federal Reserve and other policymakers to help guide monetary policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The index is released quarterly, with a delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NORPPDMQINMEI), retrieved from FRED.