Producer Prices Index: Type of Goods: Intermediate Goods: Total for Euro Area (19 Countries)
Index 2015=100, Monthly
PITGIG01EZM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.90
Year-over-Year Change
13.03%
Date Range
1/1/2000 - 12/1/2022
Summary
This economic trend measures the industrial production index for Germany, a key indicator of the country's manufacturing and industrial activity. It provides valuable insights into the health and performance 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 tracks the monthly change in the real output of German factories, mines, and utilities. This data is widely used by economists, policymakers, and investors to assess the strength and direction of the German industrial sector, which is a critical driver of the country's overall economic growth.
Methodology
The index is calculated by the German Federal Statistical Office based on monthly surveys of industrial production.
Historical Context
The industrial production index is closely monitored by the European Central Bank and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- Germany is the largest economy in the Eurozone and a major driver of the region's industrial output.
- The index has shown strong recovery from the COVID-19 pandemic, reaching pre-crisis levels in 2021.
FAQs
Q: What does this economic trend measure?
A: The industrial production index measures the monthly change in the real output of German factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the health and performance of the German industrial sector, which is a critical driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The index is calculated by the German Federal Statistical Office based on monthly surveys of industrial production.
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 monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical 1-2 month delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PITGIG01EZM661N), retrieved from FRED.