Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Denmark
Index 2015=100, Annual
PITGCD02DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.61
Year-over-Year Change
33.75%
Date Range
1/1/1985 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the level of domestic producer prices in Germany on an annual basis, with 2015 as the base year. This important economic indicator provides insights into inflationary pressures and industrial production.
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 Index 2015=100, Annual tracks changes in the prices charged by German producers for their products and services. It serves as a key gauge of industrial and manufacturing activity, underlying cost pressures, and the state of the broader economy.
Methodology
The data is collected through surveys of German producers and manufacturers and calculated by the statistical agency Destatis.
Historical Context
Policymakers and analysts closely monitor this index to assess domestic price dynamics and their potential impact on monetary policy and trade competitiveness.
Key Facts
- The index has a base year of 2015 = 100.
- Germany is Europe's largest economy and a major exporter.
- Producer prices are a leading indicator of consumer inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures changes in the prices charged by German producers for their goods and services, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures, industrial activity, and the overall health of the German economy, which is a key driver of the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through surveys of German producers and manufacturers and calculated by the statistical agency Destatis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to assess domestic price dynamics and their potential impact on monetary policy and trade competitiveness.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGCD02DKA661N), retrieved from FRED.