Producer Prices Index: Investments Goods: Total for Ireland
Annual
PITGVG01IEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.42
Year-over-Year Change
1.20%
Date Range
1/1/1995 - 1/1/2017
Summary
The Annual Trend measures the gross value added by the industrial sector in India. It is a key indicator of economic activity and industrialization.
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 Annual Trend represents the total inflation-adjusted value of goods and services produced by the industrial sector in India. It is a widely used metric for evaluating the strength and growth of the manufacturing and mining industries.
Methodology
The data is collected and calculated by the Indian government's Ministry of Statistics and Programme Implementation.
Historical Context
Policymakers and analysts use this trend to assess the health and trajectory of India's industrial economy.
Key Facts
- India is the world's fifth-largest economy.
- The industrial sector accounts for over 28% of India's GDP.
- Manufacturing is a key driver of India's economic development.
FAQs
Q: What does this economic trend measure?
A: The Annual Trend measures the total inflation-adjusted value added by the industrial sector in India, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of the health and growth of India's industrial economy, which is a major driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by India's Ministry of Statistics and Programme Implementation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength and trajectory of India's industrial sector, informing decisions on economic development, trade, and industrial policy.
Q: Are there update delays or limitations?
A: The Annual Trend data is published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (PITGVG01IEA661N), retrieved from FRED.