Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan
Index 2015=100, Annual
PITGND02JPA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.42
Year-over-Year Change
1.64%
Date Range
1/1/1970 - 1/1/2021
Summary
The Index 2015=100, Annual measures the level of industrial production in Japan on an annual basis, with 2015 as the base year. This metric is crucial for analyzing Japan's manufacturing sector and economic growth.
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 provides a comprehensive overview of Japan's industrial output, covering sectors such as mining, manufacturing, and utilities. It is a widely referenced indicator used by policymakers, economists, and investors to assess the health and trajectory of the Japanese economy.
Methodology
The data is collected and calculated by the Federal Reserve based on monthly surveys of industrial establishments in Japan.
Historical Context
This index is a key input for monitoring Japan's macroeconomic performance and informing policy decisions.
Key Facts
- Japan is the world's third-largest economy.
- The manufacturing sector accounts for about 20% of Japan's GDP.
- Industrial production in Japan reached a record high in 2019.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the overall level of industrial production in Japan, with 2015 as the base year. It covers a wide range of sectors, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for assessing the health and performance of Japan's industrial and manufacturing sectors, which are central to the country's economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on monthly surveys of industrial establishments in Japan.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this index to gauge the overall state of the Japanese economy and inform decision-making on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The Index 2015=100, Annual data is released on a regular schedule, with minimal delays. However, as with any economic indicator, there may be limitations in terms of sectoral coverage or data reliability.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGND02JPA661N), retrieved from FRED.