Global price of Non-Fuel index
Annual
PNFUELINDEXA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.69
Year-over-Year Change
14.12%
Date Range
1/1/2003 - 1/1/2024
Summary
The Annual Producer Price Index for Fuels and Related Products and Power measures changes in the selling prices received by domestic producers of fuels, electricity, and related items. It serves as an important indicator of inflationary pressures in the energy sector.
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 for Fuels and Related Products and Power is a key economic indicator that tracks the average change over time in the selling prices received by domestic producers of fuels, electricity, and related products. It is used by policymakers, analysts, and businesses to gauge trends in energy-related producer prices.
Methodology
The data is collected through surveys of domestic producers and calculated as an index relative to a chosen base year.
Historical Context
This index is closely monitored by the Federal Reserve and other economic policymakers for its implications on broader inflationary pressures.
Key Facts
- The index has a base year of 1982.
- Energy products make up over 13% of the overall Producer Price Index.
- The index reached an all-time high in 2022 amid surging global energy costs.
FAQs
Q: What does this economic trend measure?
A: The Annual Producer Price Index for Fuels and Related Products and Power measures changes in the selling prices received by domestic producers of fuels, electricity, and related items.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the energy sector, which is closely monitored by policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated as an index relative to a chosen base year.
Q: How is this trend used in economic policy?
A: The Annual Producer Price Index for Fuels and Related Products and Power is closely watched by the Federal Reserve and other policymakers for its implications on broader inflationary trends.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical one-month lag in data availability.
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Citation
U.S. Federal Reserve, Producer Price Index: Fuels and Related Products and Power: Annual (PNFUELINDEXA), retrieved from FRED.