Global price of Industrial Materials index
Annual
PINDUINDEXA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.38
Year-over-Year Change
1.80%
Date Range
1/1/1992 - 1/1/2024
Summary
The Annual Producer Price Index for Industry (PINDUINDEXA) measures the average change over time in the selling prices received by domestic producers for their output. This metric is a key indicator of inflation and economic conditions.
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 PINDUINDEXA captures price changes across a broad range of industrial commodities and finished goods. It is used by policymakers, analysts, and businesses to assess producer-level price pressures and their potential impact on consumer prices.
Methodology
The data is collected through monthly surveys of a sample of producers across various sectors.
Historical Context
The PINDUINDEXA is closely monitored by the Federal Reserve and other institutions for its insights on inflationary trends.
Key Facts
- The PINDUINDEXA is published once per year.
- The index base year is 1982.
- The PINDUINDEXA reached an all-time high in 2022.
FAQs
Q: What does this economic trend measure?
A: The PINDUINDEXA measures the average change in selling prices received by domestic producers for their products and services over the course of a year.
Q: Why is this trend relevant for users or analysts?
A: The PINDUINDEXA provides important insights into producer-level price pressures and can signal potential changes in consumer inflation. It is a key economic indicator used by policymakers, businesses, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a sample of producers across various sectors of the economy.
Q: How is this trend used in economic policy?
A: The PINDUINDEXA is closely monitored by the Federal Reserve and other institutions as an indicator of inflationary pressures, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The PINDUINDEXA is published once per year, with a delay of several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Producer Price Index for Industry: Annual (PINDUINDEXA), retrieved from FRED.