Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Denmark
Index 2015=100, Annual
PITGND01DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.38
Year-over-Year Change
12.72%
Date Range
1/1/1985 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures the annual change in producer prices for goods in Denmark. This key indicator provides insights into broader price and inflation 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 Index 2015=100, Annual tracks the annual rate of change in producer prices for goods in Denmark, with 2015 as the base year. This index is widely used by economists and policymakers to assess broader inflationary pressures and price movements across the Danish economy.
Methodology
The data is collected through surveys of Danish producers and calculated as an annual percentage change.
Historical Context
Policymakers at the Danish Central Bank and Ministry of Finance monitor this index to help guide monetary and fiscal policies.
Key Facts
- The index base year is 2015.
- Prices are measured at the producer level.
- Annual data is available from 1990 to present.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the annual percent change in producer prices for goods in Denmark, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into broader inflationary pressures and price movements across the Danish economy, which is vital information for economic policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Danish producers and calculated as an annual percentage change.
Q: How is this trend used in economic policy?
A: Policymakers at the Danish Central Bank and Ministry of Finance monitor this index to help guide monetary and fiscal policies aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: Annual data is available from 1990 to the present, with no significant update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGND01DKA661N), retrieved from FRED.