Global price of Metal index
Annual
PMETAINDEXA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184.95
Year-over-Year Change
7.47%
Date Range
1/1/1992 - 1/1/2024
Summary
The Annual Producer Price Index for Total Manufacturing measures changes in the prices received by domestic producers for their output. It is a key indicator of inflationary pressures in the US 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 Annual Producer Price Index (PPI) for Total Manufacturing is a widely followed economic indicator that tracks changes in the prices of goods and services sold by domestic producers. It serves as an important barometer of inflationary trends and can influence monetary policy decisions.
Methodology
The data is collected through surveys of domestic producers and calculated by the US Bureau of Labor Statistics.
Historical Context
The Annual PPI is closely monitored by the Federal Reserve and other policymakers to assess price dynamics and guide economic policies.
Key Facts
- The Annual PPI covers approximately 75% of domestic production.
- The index is published monthly by the Bureau of Labor Statistics.
- PPI data is an important input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Annual Producer Price Index for Total Manufacturing measures changes in the prices received by domestic producers for their output.
Q: Why is this trend relevant for users or analysts?
A: The Annual PPI is a key indicator of inflationary pressures and an important input for monetary policy decisions by the Federal Reserve and other policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the US Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual PPI is closely monitored by the Federal Reserve and other policymakers to assess price dynamics and guide economic policies.
Q: Are there update delays or limitations?
A: The Annual PPI data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Annual Producer Price Index for Total Manufacturing (PMETAINDEXA), retrieved from FRED.