Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Czech Republic
Index 2015=100, Annual
PITGCG02CZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.16
Year-over-Year Change
35.50%
Date Range
1/1/1995 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the level of producer prices for total manufacturing in China on an annual basis, with 2015 as the base year. This data is crucial for economists and policymakers to assess inflationary pressures and the competitiveness of Chinese exports.
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 data series tracks the annual movements of manufacturing producer prices in China. This index is widely used to gauge the underlying cost pressures in the Chinese industrial sector and monitor the country's export competitiveness over time.
Methodology
The data is collected through surveys of Chinese manufacturers and calculated as an index with 2015 as the base year.
Historical Context
Policymakers and analysts closely monitor this index to understand China's macroeconomic conditions and potential trade dynamics.
Key Facts
- China is the world's second-largest economy.
- Manufacturing accounts for nearly 30% of China's GDP.
- Producer prices are a leading indicator of consumer inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the level of producer prices for total manufacturing in China on an annual basis, using 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for assessing inflationary pressures, export competitiveness, and the overall health of the Chinese industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Chinese manufacturers and calculated as an index with 2015 as the base year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to understand China's macroeconomic conditions and potential trade dynamics.
Q: Are there update delays or limitations?
A: The data is released annually, with a potential delay of several months, and may not capture short-term fluctuations in producer prices.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGCG02CZA661N), retrieved from FRED.