Producer Prices Index: Economic Activities: Domestic Industrial Activities for the European Union
PIEATI02EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.77
Year-over-Year Change
0.33%
Date Range
1/1/2000 - 4/1/2020
Summary
The Producer Prices Index (PPI) for Economic Activities: Domestic Industrial Activities for the European Union measures changes in the prices producers receive for their goods and services. This key economic indicator provides insights into inflationary pressures and producer sentiment.
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 the European Union tracks changes in the prices of products sold by manufacturers, miners, and utilities. It is a leading indicator that can signal shifts in broader economic conditions and inform policy decisions.
Methodology
The data is collected through surveys of businesses across the EU.
Historical Context
The PPI is closely monitored by central banks, policymakers, and market analysts to assess production-side inflation.
Key Facts
- The PPI is a leading indicator of future consumer price inflation.
- PPI data covers a broad range of economic sectors in the EU.
- PPI trends inform monetary policy decisions by the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Economic Activities: Domestic Industrial Activities for the European Union measures changes in the prices producers receive for their goods and services across a range of industries.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key leading indicator that provides insights into production-side inflationary pressures and overall economic conditions in the EU. It informs decisions by policymakers, central banks, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses across the European Union.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the European Central Bank and other policymakers to assess inflationary pressures and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published on a monthly basis with a short lag, providing timely information to analysts and policymakers.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Domestic Industrial Activities for the European Union (PIEATI02EUQ661N), retrieved from FRED.