Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark
PIEAFD02DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.90
Year-over-Year Change
0.98%
Date Range
1/1/1985 - 4/1/2019
Summary
The Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark measures changes in the prices received by domestic producers of food products in Denmark. This index is a key indicator of inflationary pressures and industrial output in the Danish economy.
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 monthly changes in prices charged by Danish manufacturers of food products. It is used by economists and policymakers to assess the state of the country's industrial sector and inflationary environment.
Methodology
The data is collected through surveys of domestic food producers and calculated using a Laspeyres formula.
Historical Context
The Producer Prices Index helps inform monetary and fiscal policy decisions in Denmark.
Key Facts
- Covers over 600 domestic food production activities in Denmark.
- Base year is 2015 = 100.
- Published monthly by Statistics Denmark.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark measures changes in the prices received by domestic producers of food products in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and industrial output in the Danish economy, helping inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic food producers and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: The Producer Prices Index helps inform monetary and fiscal policy decisions in Denmark by providing insights into the state of the country's industrial sector and inflationary environment.
Q: Are there update delays or limitations?
A: The data is published monthly by Statistics Denmark with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Denmark (PIEAFD02DKM661N), retrieved from FRED.