Producer Prices Index: Type of Goods: Consumer Goods: Total for France
PITGCG01FRM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.20
Year-over-Year Change
14.40%
Date Range
1/1/1995 - 12/1/2022
Summary
The Producer Prices Index: Type of Goods: Consumer Goods: Total for France measures changes in the wholesale prices of consumer goods produced in France. This metric provides insight into inflationary pressures and manufacturing trends in the French economy.
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 Producer Prices Index (PPI) tracks the average change in selling prices received by domestic producers for their output. The consumer goods PPI specifically measures price movements for finished consumer products, which is a key indicator of consumer demand and supply-side inflation.
Methodology
The data is collected through surveys of French manufacturing firms and calculated as a weighted index.
Historical Context
The French consumer goods PPI is closely monitored by policymakers and analysts to assess economic conditions and guide monetary policy decisions.
Key Facts
- The base year for the French consumer goods PPI is 2015 = 100.
- The index reached a record high of 106.3 in August 2022.
- Manufacturing accounts for over 75% of the consumer goods PPI basket.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Type of Goods: Consumer Goods: Total for France measures the average change in wholesale prices received by domestic producers for their finished consumer products.
Q: Why is this trend relevant for users or analysts?
A: The French consumer goods PPI is a key leading indicator of inflationary pressures and consumer demand, providing insights that are crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of French manufacturing firms and calculated as a weighted index based on the prices they report.
Q: How is this trend used in economic policy?
A: The French consumer goods PPI is closely monitored by the European Central Bank and other policymakers to assess price dynamics and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The consumer goods PPI data for France is published monthly with a lag of approximately one month.
Related Trends
Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for France
LRIN24MAFRQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for France
FRACP030000GYQ
Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for France
LFACTTFEFRQ657N
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for France
IR3TIB01FRM156N
Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for France
PITGIG02FRM661N
Liquid Liabilities to GDP for France
DDDI05FRA156NWDB
Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Consumer Goods: Total for France (PITGCG01FRM661N), retrieved from FRED.