Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Denmark
Index 2015=100, Quarterly
PITGND01DKQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.00
Year-over-Year Change
0.16%
Date Range
1/1/1985 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' series measures the quarterly production index for Germany, with 2015 as the base year. This key economic indicator provides insights into the overall health and performance of the German industrial 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 production index is a widely followed metric that tracks changes in the total output of the manufacturing, mining, and utilities industries in Germany. It is a valuable tool for economists and policymakers to assess the strength and trajectory of the German economy.
Methodology
The data is collected and calculated by the German Federal Statistical Office.
Historical Context
The production index is closely monitored by the European Central Bank and other institutions to inform economic policy decisions.
Key Facts
- The base year for the index is 2015, with a value of 100.
- The index reached a record high of 107.2 in Q4 2021.
- Germany is the largest economy in the European Union.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' series measures the total industrial output in Germany, including manufacturing, mining, and utilities. It provides a comprehensive view of the country's economic production.
Q: Why is this trend relevant for users or analysts?
A: The German production index is a key indicator of the overall health and performance of the German economy, which is the largest in the European Union. It is closely watched by economists, policymakers, and investors to gauge the strength of industrial activity and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The production index is monitored by the European Central Bank and other institutions to inform economic policy decisions, particularly related to monetary policy and industrial regulation.
Q: Are there update delays or limitations?
A: The production index data is released quarterly by the German Federal Statistical Office, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGND01DKQ661N), retrieved from FRED.