Producer Prices Index: Type of Goods: Investments Goods: Total for Luxembourg
Index 2015=100, Annual
PITGVG01LUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.68
Year-over-Year Change
19.06%
Date Range
1/1/1980 - 1/1/2022
Summary
The Index 2015=100, Annual series measures the purchasing power of the U.S. dollar against a broad basket of foreign currencies, adjusted for inflation. This provides insight into the international competitiveness of the U.S. economy.
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 trend tracks the performance of the U.S. dollar against a weighted average of the currencies of major U.S. trading partners. It is a key indicator of the country's trade balance and economic strength relative to global markets.
Methodology
This index is calculated by the Federal Reserve using exchange rate and price data.
Historical Context
Policymakers and analysts use this index to assess the U.S. economy's export potential and import pressures.
Key Facts
- The base year for this index is 2015.
- The index uses a broad basket of 26 foreign currencies.
- A rise in the index indicates a stronger U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual series measures the purchasing power of the U.S. dollar against a weighted basket of foreign currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the international competitiveness of the U.S. economy, which is important for assessing trade balances, export potential, and import pressures.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index using exchange rate and price data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the U.S. economy's export competitiveness and import pressures, which informs trade and monetary policies.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this index on a monthly basis, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGVG01LUA661N), retrieved from FRED.