Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Luxembourg
Index 2015=100, Monthly
PITGCG02LUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.40
Year-over-Year Change
11.58%
Date Range
1/1/1995 - 12/1/2022
Summary
The Index 2015=100, Monthly trend measures the monthly change in producer prices for the manufacturing of pulp, paper, and paperboard in the United States. This metric is a key indicator of inflation and production in the paper industry.
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, Monthly tracks the producer price index (PPI) for the manufacturing of pulp, paper, and paperboard. The PPI measures the average change in selling prices received by domestic producers for their output and is used to monitor inflationary trends in the paper manufacturing sector.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts closely monitor this index to gauge pricing pressures and production activity in the paper industry.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Paper manufacturing is a key sector of the U.S. industrial economy.
- Tracking producer prices helps identify inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the monthly change in producer prices for the manufacturing of pulp, paper, and paperboard in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and production activity in the paper industry, which is an important sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this index to gauge pricing pressures and production activity in the paper industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a short update delay.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PITGCG02LUM661N), retrieved from FRED.