Producer Prices Index: Stage of Processing: Finished Goods: Domestic for Australia
Index 2015=100, Quarterly
PISPFG02AUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.92
Year-over-Year Change
5.08%
Date Range
7/1/1998 - 10/1/2019
Summary
The Index 2015=100, Quarterly measures the total production of the private industrial sector in Australia on a quarterly basis, with 2015 as the base year.
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 overall volume of industrial production in Australia, providing insights into the health and performance of the country's manufacturing, mining, and utilities sectors. It is a key indicator used by economists and policymakers to assess economic conditions and trends.
Methodology
The data is collected through surveys of industrial establishments and compiled by the Australian Bureau of Statistics.
Historical Context
The Index 2015=100, Quarterly is closely monitored by the Reserve Bank of Australia and other government agencies to inform economic policy decisions.
Key Facts
- The index base year is 2015.
- The index tracks quarterly changes in industrial production.
- Australia's industrial sector includes manufacturing, mining, and utilities.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total volume of industrial production in Australia on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the health and performance of Australia's industrial sector, which is a key driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and compiled by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is closely monitored by the Reserve Bank of Australia and other government agencies to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a potential delay of several weeks between the end of the quarter and the release of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PISPFG02AUQ661N), retrieved from FRED.