Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Portugal
PITGCG02PTA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.83
Year-over-Year Change
26.66%
Date Range
1/1/1995 - 1/1/2022
Summary
The Producer Prices Index for Consumer Goods tracks changes in prices received by producers of consumer goods in Portugal. This metric is a key indicator of domestic inflationary pressures and cost-of-living dynamics.
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) measures the average change in prices received by domestic producers for their output. The Consumer Goods segment specifically looks at prices for finished consumer products, providing insight into cost and supply-chain conditions.
Methodology
The PPI is calculated by the Portuguese National Statistical Institute based on a survey of producer prices.
Historical Context
The Consumer Goods PPI is used by policymakers, economists, and market analysts to assess underlying price trends and production costs.
Key Facts
- The PPI for Consumer Goods in Portugal has a base year of 2015.
- Prices are surveyed across a range of domestic consumer product categories.
- This index is released monthly by the Portuguese National Statistical Institute.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Consumer Goods tracks changes in the prices producers receive for finished consumer products sold domestically in Portugal.
Q: Why is this trend relevant for users or analysts?
A: The Consumer Goods PPI provides insight into cost and supply-chain conditions, serving as an important indicator of domestic inflationary pressures.
Q: How is this data collected or calculated?
A: The PPI is calculated by the Portuguese National Statistical Institute based on a survey of producer prices.
Q: How is this trend used in economic policy?
A: The Consumer Goods PPI is used by policymakers, economists, and market analysts to assess underlying price trends and production costs.
Q: Are there update delays or limitations?
A: This index is released monthly by the Portuguese National Statistical Institute with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Portugal (PITGCG02PTA661N), retrieved from FRED.