Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Switzerland
Index 2015=100, Annual
PITGND01CHA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.12
Year-over-Year Change
-16.49%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the year-over-year change in producer prices for goods in the United States. It is a key indicator of inflationary pressures and the overall health of the manufacturing sector.
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 Price Index for Goods, Annual (PITGND01CHA661N) tracks the prices paid by producers for finished goods sold in the U.S. This index is widely used by economists, policymakers, and market analysts to gauge inflationary trends and assess the strength of the industrial economy.
Methodology
The U.S. Bureau of Labor Statistics collects pricing data from a sample of producer establishments and calculates the PPI based on these inputs.
Historical Context
The PPI for Goods helps the Federal Reserve and other institutions monitor price stability and calibrate monetary policy accordingly.
Key Facts
- The PPI for Goods has a base year of 2015 = 100.
- This index measures price changes for finished consumer goods and capital equipment.
- The PPI for Goods tends to lead the Consumer Price Index (CPI) in signaling inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Goods, Annual (PITGND01CHA661N) measures the year-over-year change in prices paid by producers for finished goods sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Goods is a key indicator of inflationary pressures and the overall health of the manufacturing sector, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects pricing data from a sample of producer establishments and calculates the PPI based on these inputs.
Q: How is this trend used in economic policy?
A: The PPI for Goods helps the Federal Reserve and other institutions monitor price stability and calibrate monetary policy accordingly.
Q: Are there update delays or limitations?
A: The PPI for Goods is published monthly with a lag of approximately two weeks, and the annual data is typically released in January for the prior year.
Related Trends
Harmonized Index of Consumer Prices: Purchase of Vehicles for Switzerland
CP0710CHM086NEST
Central Bank Assets to GDP for Switzerland
DDDI06CHA156NWDB
Consumer Opinion Surveys: Composite Consumer Confidence for Switzerland
CSCICP02CHQ460S
Infant Mortality Rate for Switzerland
SPDYNIMRTINCHE
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Switzerland
CHECP100000GYM
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Switzerland
LRUN74TTCHQ156N
Citation
U.S. Federal Reserve, Producer Price Index for Goods, Annual (PITGND01CHA661N), retrieved from FRED.