Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Estonia
Index 2015=100, Annual
PIEAMI01EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.30
Year-over-Year Change
56.69%
Date Range
1/1/1997 - 1/1/2022
Summary
The Index 2015=100, Annual measures the average annual price index for imports of agricultural, mining, and manufacturing products, with 2015 as the base year. This trend is a key indicator of international trade dynamics and inflationary pressures.
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 Index 2015=100, Annual tracks the average annual price level of imported goods and commodities, including agricultural, mining, and manufacturing products. This index is used by policymakers and analysts to assess the competitiveness of U.S. exports, inflationary impacts of imports, and overall trade conditions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of import prices.
Historical Context
The index is used by the Federal Reserve and other institutions to monitor import price inflation and its effects on the broader economy.
Key Facts
- The index base year is 2015.
- The index tracks prices of imported agricultural, mining, and manufactured goods.
- The index can signal exchange rate impacts and terms of trade shifts.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the average annual price level of imported goods and commodities, including agricultural, mining, and manufacturing products.
Q: Why is this trend relevant for users or analysts?
A: This index is used by policymakers and analysts to assess the competitiveness of U.S. exports, inflationary impacts of imports, and overall trade conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of import prices.
Q: How is this trend used in economic policy?
A: The index is used by the Federal Reserve and other institutions to monitor import price inflation and its effects on the broader economy.
Q: Are there update delays or limitations?
A: The index is published annually with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAMI01EEA661N), retrieved from FRED.