Producer Prices Index: Type of Goods: Consumer Goods: Total for Finland
Index 2015=100, Annual
PITGCG01FIA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.78
Year-over-Year Change
26.12%
Date Range
1/1/1995 - 1/1/2022
Summary
The Index 2015=100, Annual series measures the annual percentage change in global production of passenger cars and light trucks. This metric provides insight into the health and growth of the automotive industry, a key indicator of economic activity.
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 series tracks the year-over-year change in global vehicle production, with 2015 as the base year. It is a widely followed indicator used by economists, policymakers, and industry analysts to assess the performance and outlook of the global automotive sector.
Methodology
The data is collected and calculated by the International Organization of Motor Vehicle Manufacturers (OICA).
Historical Context
Trends in global vehicle production are closely monitored for their implications on trade, employment, consumer demand, and broader macroeconomic conditions.
Key Facts
- The index reached a record high of 114.78 in 2017.
- Global vehicle production declined by 5.7% in 2020 due to the COVID-19 pandemic.
- China is the world's largest producer of passenger cars and light trucks.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual series measures the year-over-year percentage change in global production of passenger cars and light trucks.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and growth of the global automotive industry, which is a key indicator of broader economic activity and performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Organization of Motor Vehicle Manufacturers (OICA).
Q: How is this trend used in economic policy?
A: Trends in global vehicle production are closely monitored by policymakers, economists, and industry analysts for their implications on trade, employment, consumer demand, and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The annual data may have a several-month delay in reporting, and it only captures broad global trends rather than country-specific or segment-specific details.
Related Trends
Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Finland
FINCPGRHO02GPM
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Finland
ODCNPI03FIA659S
Value of Exports to Finland from Nevada
NVFINA052SCEN
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Finland
FINCP110000GPM
Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Finland
FINBCBUTE02STSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Finland
FINCP090000CTGYM
Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGCG01FIA661N), retrieved from FRED.