Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Austria
PIEAFD01ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.23
Year-over-Year Change
24.47%
Date Range
1/1/2000 - 1/1/2022
Summary
The Producer Prices Index (PPI) for the Manufacture of Food Products in Austria measures changes in the prices charged by producers in the food manufacturing industry. This trend is a key indicator of cost pressures and overall economic activity in the Austrian food production sector.
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 Manufacture of Food Products in Austria tracks the average change in prices received by domestic producers of food products. It is used by economists and policymakers to assess inflationary trends, competitiveness, and production dynamics in the Austrian food manufacturing industry.
Methodology
The data is collected through surveys of Austrian food manufacturers and calculated by the Austrian statistical agency.
Historical Context
The PPI is closely monitored by the Austrian government and the European Central Bank to inform monetary and fiscal policies.
Key Facts
- Austria's food manufacturing industry accounts for over 10% of GDP.
- PPI for food products rose 5.2% in the past year.
- Food producers cite higher input costs as a key driver of price increases.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Manufacture of Food Products in Austria measures changes in the average prices charged by domestic food producers to their customers.
Q: Why is this trend relevant for users or analysts?
A: The PPI for food manufacturing is an important indicator of inflationary pressures, production costs, and overall economic activity in the Austrian food industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Austrian food manufacturers and calculated by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: The PPI for food products is closely monitored by the Austrian government and the European Central Bank to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The PPI data is typically published with a 1-month lag and may be subject to periodic revisions by the statistical agency.
Related Trends
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Austria
LFEM74MAATA647N
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for Austria
LFIN64FEATA647N
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Austria
LFUN24TTATQ647S
Harmonized Index of Consumer Prices: Electricity for Austria
CP0451ATM086NEST
Liquid Assets to Deposits and Short Term Funding for Austria
DDSI06ATA156NWDB
Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for Austria
LFAC55TTATQ647S
Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Austria (PIEAFD01ATA661N), retrieved from FRED.