Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic
Index 2015=100, Quarterly
PIEATI01SKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.30
Year-over-Year Change
43.35%
Date Range
1/1/2003 - 10/1/2022
Summary
The Index 2015=100, Quarterly series measures the level of total industrial production in Slovakia on a quarterly basis, with 2015 as the base year. This metric is a key indicator of the overall health and performance of the Slovak industrial sector.
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, Quarterly is a seasonally adjusted index that tracks the total volume of industrial production in Slovakia, including manufacturing, mining, and utilities. It is a widely referenced gauge of economic activity and an important input for policymakers and analysts assessing the state of the Slovak economy.
Methodology
The data is collected by the Statistical Office of the Slovak Republic through surveys of industrial facilities.
Historical Context
The Index 2015=100, Quarterly is used by the National Bank of Slovakia and other institutions to monitor trends and inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2015.
- Industrial production accounts for over a quarter of Slovakia's GDP.
- Index values above 100 indicate growth relative to the 2015 baseline.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total volume of industrial production in Slovakia on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the overall health and performance of the Slovak industrial sector, which is an important driver of the country's economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the Statistical Office of the Slovak Republic through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is used by the National Bank of Slovakia and other institutions to monitor trends and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEATI01SKQ661N), retrieved from FRED.