Production: Energy: Total for Turkey
Annual, Not Seasonally Adjusted
PRENTO01TRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.24
Year-over-Year Change
53.45%
Date Range
1/1/1985 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted producer price index for transportation and warehousing. It is a key indicator of inflationary pressures in the transportation sector, which has important implications for supply chains and consumer prices.
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 transportation and warehousing tracks changes in the selling prices received by domestic producers in this industry. It is a leading indicator of cost pressures that could be passed on to consumers through higher transportation and logistics fees.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this PPI trend to assess overall economic conditions and the trajectory of inflation.
Key Facts
- The transportation and warehousing PPI is a subindex of the overall producer price index.
- Transportation costs account for a significant portion of business expenses in many industries.
- Changes in this PPI can signal broader inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the selling prices received by domestic producers in the transportation and warehousing industry.
Q: Why is this trend relevant for users or analysts?
A: The transportation and warehousing PPI is an important indicator of cost pressures that can impact consumer prices and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this PPI trend to assess overall economic conditions and the trajectory of inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRENTO01TRA661N), retrieved from FRED.