Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for France
Index 2015=100, Quarterly
PITGND02FRQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.27
Year-over-Year Change
18.84%
Date Range
1/1/1995 - 10/1/2022
Summary
The 'Index 2015=100, Quarterly' trend measures the quarterly gross domestic product (GDP) price index, a key indicator of inflation and overall economic conditions in the United States.
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 GDP price index tracks changes in the prices of all goods and services that comprise the nation's GDP. It is a comprehensive measure of inflation used by economists and policymakers to assess the state of the economy and guide monetary and fiscal policies.
Methodology
The Bureau of Economic Analysis calculates this index based on quarterly GDP data.
Historical Context
The GDP price index is closely monitored by the Federal Reserve and other institutions to inform policy decisions.
Key Facts
- The base year for this index is 2015.
- The index reached a high of 111.3 in Q4 2021.
- This index is released quarterly by the Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Quarterly' trend measures changes in the prices of all goods and services that make up the U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This GDP price index is a key indicator of inflation and overall economic conditions, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The Bureau of Economic Analysis calculates this index based on quarterly GDP data.
Q: How is this trend used in economic policy?
A: The GDP price index is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This index is released quarterly by the Bureau of Economic Analysis, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGND02FRQ661N), retrieved from FRED.