Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Germany
Index 2015=100, Annual
PITGND02DEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.41
Year-over-Year Change
34.65%
Date Range
1/1/1995 - 1/1/2022
Summary
The Index 2015=100, Annual trend measures Germany's producer price index for industrial goods on an annual basis, with 2015 as the base year. This key economic indicator provides insights into inflationary pressures and industrial production.
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 trend tracks changes in the prices German producers charge for their industrial goods on a year-over-year basis. It is a leading indicator of broader economic conditions and helps policymakers and analysts assess manufacturing activity and cost-push inflation.
Methodology
The data is collected through surveys of German industrial producers and calculated by the Federal Statistical Office.
Historical Context
This index is widely monitored by the European Central Bank and international investors to gauge the health of the German industrial sector.
Key Facts
- Germany is the largest economy in the Eurozone.
- Producer prices rose by 5.2% in 2022 compared to the previous year.
- The index reached a record high of 114.4 in August 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures changes in the prices German producers charge for their industrial goods on a year-over-year basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index provides crucial insights into inflationary pressures, manufacturing activity, and the overall health of the German industrial sector, which is a key driver of the Eurozone economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of German industrial producers and calculated by the Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Annual is closely monitored by the European Central Bank and international investors to assess manufacturing conditions and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical delay of around one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGND02DEA661N), retrieved from FRED.