Producer Prices Index: Type of Goods: Consumer Goods: Total for Japan
Index 2015=100, Quarterly
PITGCG01JPQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.57
Year-over-Year Change
2.71%
Date Range
1/1/1960 - 1/1/2022
Summary
The Index 2015=100, Quarterly trend measures the level of industrial production in Japan on a quarterly basis, with 2015 as the base year. This data point is a key indicator of economic activity and a closely watched metric for economists and policymakers.
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, Quarterly tracks changes in the volume of industrial production in Japan, including manufacturing, mining, and utilities. This index is used to assess the overall health and direction of the Japanese economy and can inform decision-making around monetary and fiscal policies.
Methodology
The data is collected through surveys of industrial producers and calculated as an index with 2015 as the base year of 100.
Historical Context
The Index 2015=100, Quarterly is referenced by the Bank of Japan, government ministries, and private analysts to gauge Japan's economic performance and outlook.
Key Facts
- Japan is the world's third-largest economy.
- Manufacturing accounts for over 20% of Japan's GDP.
- Industrial production in Japan peaked in 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the volume of industrial production in Japan on a quarterly basis, with 2015 as the base year of 100.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of Japan's economic performance and can inform decision-making around monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and calculated as an index with 2015 as the base year.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is referenced by the Bank of Japan, government ministries, and private analysts to gauge Japan's economic health and outlook.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical 2-month delay after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGCG01JPQ661N), retrieved from FRED.