Producer Prices Index: Total Consumer Goods for the European Union
Quarterly
PITGCG01EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.93
Year-over-Year Change
1.15%
Date Range
1/1/2000 - 4/1/2020
Summary
The Quarterly Gross Domestic Product (GDP) by Country and Industry measures the economic output and growth of different sectors within a country on a quarterly basis. This data is crucial for economic analysis and policymaking.
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 Quarterly GDP by Country and Industry provides a detailed breakdown of economic activity across various industries in a given country. This data allows economists and policymakers to assess the performance and trends of specific sectors, which informs decisions on economic policy, investment, and resource allocation.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using a variety of sources, including business surveys and government administrative records.
Historical Context
Quarterly GDP data is widely used by governments, central banks, and financial institutions to monitor economic conditions and inform policy decisions.
Key Facts
- Data is released on a quarterly basis by the BEA.
- Covers 63 countries and 20 industry sectors.
- Used to assess economic performance and guide policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Gross Domestic Product (GDP) by Country and Industry measures the economic output and growth of different sectors within a country on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the performance and trends of specific industries, which is essential for economic analysis, investment decisions, and policy formulation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) using a variety of sources, including business surveys and government administrative records.
Q: How is this trend used in economic policy?
A: Quarterly GDP data is widely used by governments, central banks, and financial institutions to monitor economic conditions and inform policy decisions related to economic growth, investment, and resource allocation.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the BEA, with a typical delay of several weeks after the end of the reporting period.
Related Trends
International Trade: Imports: Value (goods): Total for the European Union
EU28XTIMVA01NCMLSAM
Import Price Index by Origin (NAICS): Manufacturing, Part 2 for European Union
COEECZ32
Harmonized Index of Consumer Prices: Social Protection for European Union
CP1240EUCCM086NEST
Producer Prices Index: Economic activities: Manufacture of food products: Domestic for the European Union
EU28PIEAFD02GPM
Production: Energy: Production and distribution of electricity, gas, steam and air conditioning: Total for the European Union
EU28PREND401IXEBSAM
Harmonized Index of Consumer Prices: Gas for European Union (27 Countries from 2020)
CP0452EU272020M086NEST
Citation
U.S. Bureau of Economic Analysis, Quarterly Gross Domestic Product by Country and Industry (PITGCG01EUQ661N), retrieved from FRED.