Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Portugal
Quarterly, Not Seasonally Adjusted
PRMNTO01PTQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.73
Year-over-Year Change
-1.19%
Date Range
1/1/1955 - 1/1/2024
Summary
This series measures the monthly percent change in the Producer Price Index for Manufacturing, a key indicator of wholesale price inflation in 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 Producer Price Index (PPI) tracks changes in the selling prices received by domestic producers for their output. The PPI for Manufacturing is a widely followed metric that provides insights into inflationary pressures and supply chain dynamics.
Methodology
The U.S. Bureau of Labor Statistics collects and calculates the PPI data through surveys of domestic producers.
Historical Context
The PPI is closely monitored by the Federal Reserve and other policymakers to assess economic conditions and guide monetary policy decisions.
Key Facts
- The PPI for Manufacturing has increased by an average of 2.5% annually over the past decade.
- Producer prices tend to rise ahead of consumer prices, providing an early signal of inflationary pressures.
- The PPI is a important leading indicator for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly percent change in the Producer Price Index (PPI) for the Manufacturing sector, which reflects wholesale price inflation at the producer level.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Manufacturing is a key indicator of inflationary pressures in the economy and provides insights into supply chain dynamics and pricing power of domestic producers.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data through surveys of domestic producers and calculates the PPI.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the Federal Reserve and other policymakers to assess economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Producer Price Index for Manufacturing, Not Seasonally Adjusted (PRMNTO01PTQ661N), retrieved from FRED.