Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Euro Area (19 Countries)
PIEAMI01EZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
247.01
Year-over-Year Change
155.37%
Date Range
1/1/2000 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Mining and Quarrying Activities in the Euro Area measures changes in the prices received by producers in these industries. It is a key indicator of inflationary pressures and can inform economic and policy decisions.
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 Mining and Quarrying Activities in the Euro Area tracks the wholesale prices of goods produced by the mining and quarrying sector, which includes the extraction of minerals, ores, and fossil fuels. This metric provides insight into cost pressures facing producers and can signal broader economic trends.
Methodology
The data is collected through surveys of businesses in the mining and quarrying industries across the Euro Area.
Historical Context
The PPI is closely monitored by central banks, policymakers, and market analysts to assess inflationary dynamics and make informed decisions.
Key Facts
- The PPI for Mining and Quarrying Activities is published monthly.
- The index has a base year of 2015 = 100.
- Mining and quarrying account for a significant portion of the Euro Area's industrial output.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Mining and Quarrying Activities in the Euro Area measures changes in the prices received by producers in these industries.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Mining and Quarrying Activities provides insight into cost pressures facing producers and can signal broader economic trends, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the mining and quarrying industries across the Euro Area.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by central banks, policymakers, and market analysts to assess inflationary dynamics and make informed decisions.
Q: Are there update delays or limitations?
A: The PPI for Mining and Quarrying Activities is published monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Total for Euro Area (19 Countries) (PIEAMI01EZA661N), retrieved from FRED.