Producer Prices Index: Total Intermediate Goods for the European Union
Monthly
PITGIG01EUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.20
Year-over-Year Change
-2.57%
Date Range
1/1/2000 - 6/1/2020
Summary
The monthly Industrial Production Index for Germany measures the output of the German industrial sector, providing insights into the overall health of the German economy.
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 Industrial Production Index is a key economic indicator that tracks the real output of the industrial sector, including manufacturing, mining, and utilities. It is used by policymakers and analysts to assess trends in industrial activity and gauge the broader economic conditions.
Methodology
The index is calculated by the Federal Reserve based on data collected from industrial establishments in Germany.
Historical Context
The Industrial Production Index is closely monitored by the European Central Bank and other economic institutions to inform policy decisions.
Key Facts
- Germany is the largest economy in the Eurozone.
- The industrial sector accounts for over 25% of Germany's GDP.
- Monthly industrial production data is released around the 10th of each month.
FAQs
Q: What does this economic trend measure?
A: The monthly Industrial Production Index for Germany measures the real output of the industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index is a key indicator of the overall health of the German economy, providing insights into industrial activity and economic conditions.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on data collected from industrial establishments in Germany.
Q: How is this trend used in economic policy?
A: The Industrial Production Index is closely monitored by the European Central Bank and other economic institutions to inform policy decisions.
Q: Are there update delays or limitations?
A: The monthly industrial production data is typically released around the 10th of each month.
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Citation
U.S. Federal Reserve, Industrial Production Index for Germany (PITGIG01EUM661N), retrieved from FRED.