Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Luxembourg
Number, Monthly level, Annual, Not Seasonally Adjusted
ODCNPI03LUA180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
392.42
Year-over-Year Change
20.99%
Date Range
1/1/1991 - 1/1/2022
Summary
This economic indicator measures the monthly, unadjusted level of the Producer Price Index (PPI) for Finished Goods - Food. It provides insights into producer price inflation and supply chain dynamics.
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 Finished Goods - Food tracks the average change in selling prices received by domestic producers for their output. This metric is a key barometer of wholesale inflation and can signal changes in consumer prices over time.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this PPI trend to assess the broader state of the economy and guide decisions on monetary policy and market interventions.
Key Facts
- The PPI for Finished Goods - Food is a subcomponent of the broader Producer Price Index.
- This metric can signal emerging inflationary pressures before they fully manifest in consumer prices.
- Analysts track the PPI-Food trend to gauge the impact of agricultural commodity prices and supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly, unadjusted level of the Producer Price Index (PPI) for Finished Goods - Food, providing insights into producer price inflation and supply chain dynamics.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Finished Goods - Food is a key barometer of wholesale inflation that can signal changes in consumer prices over time, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this PPI trend to assess the broader state of the economy and guide decisions on monetary policy and market interventions.
Q: Are there update delays or limitations?
A: The PPI for Finished Goods - Food data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Number, Monthly level, Annual, Not Seasonally Adjusted (ODCNPI03LUA180N), retrieved from FRED.