Producer Prices Index: Type of Goods: Investments Goods: Total for Finland
PITGVG01FIQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.77
Year-over-Year Change
15.89%
Date Range
1/1/1995 - 10/1/2022
Summary
The Producer Prices Index for Investment Goods in Finland measures changes in the average price level of goods purchased by businesses for capital investment. It is a key indicator of inflationary pressures and manufacturing activity.
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 Producer Prices Index (PPI) tracks the wholesale price changes of goods and services in an economy. The Investment Goods PPI specifically focuses on the price changes of capital equipment, machinery, and other products used for business investment. This metric provides insight into the cost pressures facing Finnish companies and the overall health of the manufacturing sector.
Methodology
The Finnish statistical agency collects price data from domestic producers and compiles the PPI Investment Goods index on a monthly basis.
Historical Context
The PPI Investment Goods index is closely monitored by the Bank of Finland and other policymakers to assess domestic inflation trends and the competitiveness of Finnish exports.
Key Facts
- The PPI Investment Goods index uses 2015 as its base year.
- Investment goods account for over 25% of total producer prices in Finland.
- Prices of investment goods have risen faster than consumer prices in Finland since 2018.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Investment Goods in Finland tracks the wholesale price changes of capital equipment, machinery, and other products used for business investment.
Q: Why is this trend relevant for users or analysts?
A: The PPI Investment Goods index provides insight into the cost pressures facing Finnish companies and the overall health of the manufacturing sector, which is crucial information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The Finnish statistical agency collects price data from domestic producers and compiles the PPI Investment Goods index on a monthly basis.
Q: How is this trend used in economic policy?
A: The PPI Investment Goods index is closely monitored by the Bank of Finland and other policymakers to assess domestic inflation trends and the competitiveness of Finnish exports.
Q: Are there update delays or limitations?
A: The PPI Investment Goods index is published monthly with a short lag, providing timely data on investment price pressures in Finland.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Investments Goods: Total for Finland (PITGVG01FIQ661N), retrieved from FRED.