Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Russia
PIEATI02RUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167.20
Year-over-Year Change
24.46%
Date Range
1/1/1998 - 1/1/2022
Summary
The Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Russia measures changes in the prices producers in Russia receive for their industrial goods and services. It serves as an important indicator of inflationary pressures in the Russian 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 Prices Index tracks price movements of industrial goods and services produced and sold domestically in Russia. It is a key economic indicator used by policymakers, analysts, and businesses to understand domestic price dynamics and anticipate inflation trends.
Methodology
The data is collected through surveys of a representative sample of industrial producers in Russia.
Historical Context
The Producer Prices Index provides valuable insights for monetary and fiscal policy decisions in Russia.
Key Facts
- The index base year is 2015.
- Prices are tracked for both capital and consumer goods.
- Russia is a major global producer of industrial commodities.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index measures changes in the prices received by producers for their industrial goods and services sold domestically in Russia.
Q: Why is this trend relevant for users or analysts?
A: The Producer Prices Index is a leading indicator of inflationary pressures in the Russian economy and provides valuable insights for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of industrial producers in Russia.
Q: How is this trend used in economic policy?
A: The Producer Prices Index is a key input for monetary and fiscal policy decisions in Russia, as it reflects domestic price dynamics and inflationary pressures.
Q: Are there update delays or limitations?
A: The Producer Prices Index data is typically published on a monthly basis with a short delay.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Russian Federation
RUSFCBODCNUM
Value of Exports to Russia from Kentucky
KYRUSA052SCEN
Nominal Non-profit Institutions Serving Households (NPISHs) Final Consumption Expenditure for Russia
NCPHNNSAXDCRUQ
Production: Mining: Total for Russia
RUSPRMITO01IXOBSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Russia
RUSCPGREN01GYQ
Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Russian Federation
RUSFCAOFINUM
Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Russia (PIEATI02RUM661N), retrieved from FRED.