Producer Prices Index: Type of Goods: Consumer Goods: Total for Sweden
Index 2015=100, Annual
PITGCG01SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.67
Year-over-Year Change
27.08%
Date Range
1/1/1990 - 1/1/2022
Summary
The Index 2015=100, Annual economic trend measures the production of industrial goods and equipment. It is a key indicator of overall manufacturing activity and economic growth.
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 the annual change in the production of industrial goods, capital equipment, and related materials. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the manufacturing sector and broader economy.
Methodology
This index is calculated by the U.S. Federal Reserve based on survey data from manufacturing establishments.
Historical Context
The Index 2015=100, Annual provides important insights into industrial activity that inform economic policy decisions and investment strategies.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The index tracks production of a wide range of industrial goods, from raw materials to finished capital equipment.
- Changes in the index are closely watched by economists as a signal of the broader economic outlook.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the annual change in production of industrial goods, equipment, and related materials across the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and trajectory of the manufacturing industry, which is a critical driver of overall economic growth and activity.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on survey data from manufacturing establishments.
Q: How is this trend used in economic policy?
A: Changes in the Index 2015=100, Annual provide important insights that inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The index data is published monthly with a short lag, allowing for timely analysis of manufacturing trends.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGCG01SEA661N), retrieved from FRED.