Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Turkey
Index 2015=100, Quarterly
PIEATI02TRQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
816.98
Year-over-Year Change
346.67%
Date Range
1/1/1960 - 10/1/2022
Summary
The Index 2015=100, Quarterly trend measures the quarterly change in the U.S. Producer Price Index for Intermediate Demand-Processed Goods, an important indicator of wholesale price inflation.
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
This index tracks the average change in selling prices received by domestic producers for their output, providing insight into inflationary pressures in the economy. It is closely monitored by economists and policymakers to assess the state of the business cycle and guide monetary policy decisions.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The producer price index is a key input into the Federal Reserve's monetary policy decisions.
Key Facts
- The producer price index tracks the average change in selling prices received by domestic producers.
- Quarterly changes in the producer price index provide an early signal of inflationary pressures.
- The Federal Reserve closely monitors the producer price index to guide monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly trend measures the quarterly change in the U.S. Producer Price Index for Intermediate Demand-Processed Goods, which tracks the average change in selling prices received by domestic producers.
Q: Why is this trend relevant for users or analysts?
A: The producer price index is a key indicator of inflationary pressures in the economy and is closely monitored by economists and policymakers to assess the state of the business cycle and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The producer price index is a key input into the Federal Reserve's monetary policy decisions, as it provides an early signal of inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The producer price index data is released monthly by the Bureau of Labor Statistics, with a typical lag of around two weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PIEATI02TRQ661N), retrieved from FRED.