Producer Prices Index: Type of Goods: Investments Goods: Total for Denmark
Index 2015=100, Monthly
PITGVG01DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.50
Year-over-Year Change
6.51%
Date Range
1/1/1985 - 12/1/2022
Summary
The Index 2015=100, Monthly tracks changes in producer prices for a basket of goods and services at the global stage. It is a key economic indicator used by policymakers and analysts to monitor global inflationary pressures.
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, Monthly measures the average change in prices received by global producers for their outputs. It covers a diverse range of industries and is an important gauge of producer price inflation across international markets.
Methodology
The data is collected through surveys of producers and calculated as an index relative to the base year of 2015.
Historical Context
This index helps central banks and economists assess global supply-side inflation dynamics.
Key Facts
- The index has a base year of 2015 = 100.
- It covers prices across a range of global industries.
- The index helps track international supply-side inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures changes in producer prices for a basket of goods and services globally. It is an important indicator of international producer price inflation.
Q: Why is this trend relevant for users or analysts?
A: This index helps policymakers and economists assess inflationary pressures originating from the global supply side, which is crucial for formulating effective monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and calculated as an index relative to the base year of 2015.
Q: How is this trend used in economic policy?
A: Central banks and government agencies use this index to monitor global supply-side inflation dynamics, which informs their decisions on interest rates, exchange rates, and other policy tools.
Q: Are there update delays or limitations?
A: The index is published monthly, and there may be some time lags in data reporting from the global producer base.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PITGVG01DKM661N), retrieved from FRED.