Producer Prices Index: Economic Activities: Industrial Activities: Total for Ireland
Index 2015=100, Monthly
PIEATI01IEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.30
Year-over-Year Change
3.40%
Date Range
1/1/1995 - 12/1/2022
Summary
The Producer Price Index for Intermediate Demand, Energy, measures changes in the average selling prices received by domestic producers for their output. This key inflation indicator provides insight into upstream price pressures affecting the broader 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
The Producer Price Index for Intermediate Demand, Energy tracks the selling prices of energy-related goods and services at the intermediate stage of production. It is a valuable gauge of inflationary trends and a leading indicator of consumer price movements.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on a survey of domestic producers.
Historical Context
The PPI Intermediate Demand, Energy index is closely monitored by policymakers, analysts, and businesses to assess the trajectory of energy-driven inflation.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Energy products account for about 30% of the Intermediate Demand index.
- The PPI Intermediate Demand, Energy has risen over 40% since the pandemic low in 2020.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Intermediate Demand, Energy measures changes in the average selling prices received by domestic producers for their energy-related output.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insight into upstream energy-driven inflationary pressures that can impact consumer prices, business costs, and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through a monthly survey of domestic producers.
Q: How is this trend used in economic policy?
A: The PPI Intermediate Demand, Energy index is closely monitored by policymakers, economists, and businesses to assess energy-related inflationary trends and their implications for monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The PPI Intermediate Demand, Energy data is released monthly by the BLS with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Producer Price Index for Intermediate Demand: Energy (PIEATI01IEM661N), retrieved from FRED.