Producer Prices Index: Economic Activities: Total Manufacturing for the European Union
PIEAMP01EUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.90
Year-over-Year Change
-2.02%
Date Range
1/1/2000 - 6/1/2020
Summary
The Producer Prices Index for Total Manufacturing in the European Union measures changes in wholesale prices for goods produced by manufacturers. It provides insight into producer-level inflationary pressures, which are closely monitored by policymakers and economists.
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 Producer Prices Index for Total Manufacturing in the European Union tracks the average change in selling prices received by domestic producers for their output. It covers a broad range of manufacturing activities and is a key indicator of supply-side inflation in the Eurozone.
Methodology
Data is collected through surveys of manufacturing firms in EU member states.
Historical Context
The index is used by the European Central Bank and other institutions to assess economic conditions and make policy decisions.
Key Facts
- The index uses 2015 as the base year.
- It covers over 30 industries within the EU manufacturing sector.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Total Manufacturing in the European Union measures changes in the average selling prices received by domestic producers for their manufacturing output.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into producer-level inflationary pressures, which is a key indicator monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms in EU member states.
Q: How is this trend used in economic policy?
A: The Producer Prices Index is used by the European Central Bank and other institutions to assess economic conditions and make monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Total Manufacturing for the European Union (PIEAMP01EUM661N), retrieved from FRED.