Global price of Poultry
Annual
PPOULTUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.80
Year-over-Year Change
81.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual economic trend tracks the producer prices for poultry, an important agricultural commodity in the United States. It provides insights into price dynamics and market conditions for this key food 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 Producer Price Index (PPI) for Poultry measures the average change over time in the selling prices received by U.S. poultry producers. It is a leading indicator of inflationary pressures and consumer food prices.
Methodology
The U.S. Bureau of Labor Statistics collects and calculates this monthly PPI data through surveys of domestic poultry producers.
Historical Context
Poultry PPI is closely monitored by economists, policymakers, and industry stakeholders to assess market conditions and the broader agricultural economy.
Key Facts
- Poultry is a major protein source in the U.S. food supply.
- The PPI for Poultry has risen over 20% in the past decade.
- Poultry prices impact consumer food inflation and purchasing power.
FAQs
Q: What does this economic trend measure?
A: The PPI for Poultry tracks the average change in prices received by U.S. producers for poultry, a key agricultural commodity.
Q: Why is this trend relevant for users or analysts?
A: Poultry PPI provides important insights into agricultural market conditions and inflationary pressures that impact consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics surveys domestic poultry producers to collect this monthly price index data.
Q: How is this trend used in economic policy?
A: Poultry PPI is monitored by economists, industry groups, and government agencies to assess market dynamics and inflation in the agricultural sector.
Q: Are there update delays or limitations?
A: The PPI for Poultry is released monthly with a typical one-month lag by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Producer Price Index: Poultry (PPOULTUSDA), retrieved from FRED.