Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Finland
Index 2015=100, Quarterly
PITGND01FIQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.53
Year-over-Year Change
20.96%
Date Range
1/1/1995 - 10/1/2022
Summary
The Index 2015=100, Quarterly measures the total value of inflation-adjusted goods and services produced in the United States on a quarterly basis, with 2015 as the base year.
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
This index is a key indicator of overall economic activity and growth. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.
Historical Context
The Index 2015=100, Quarterly is a critical input for monetary and fiscal policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Quarterly GDP growth is a primary driver of changes in the index.
- The index is seasonally adjusted to account for typical quarterly fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the total volume of goods and services produced in the U.S. on a quarterly basis, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of overall economic activity and growth, and is widely used by economists, policymakers, and analysts to assess the health and trajectory of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on national accounts information.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis, with a typical release delay of one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGND01FIQ661N), retrieved from FRED.