Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Portugal
Index 2015=100, Monthly, Not Seasonally Adjusted
PRTODCNPI03IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
386.20
Year-over-Year Change
6.45%
Date Range
1/1/1994 - 10/1/2023
Summary
The Producer Price Index for Total Mining and Logging: Total industries measures changes in the selling prices received by domestic producers for their output. This metric provides insight into inflationary pressures at the producer level.
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 price changes from the perspective of the seller rather than the buyer. The PRTODCNPI03IXOBM series specifically focuses on total mining and logging industries, which include extraction of naturally occurring mineral solids, liquid minerals, and gases.
Methodology
The PPI data is collected through surveys of producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The PPI is a key economic indicator used by policymakers, analysts, and businesses to monitor producer-level inflation.
Key Facts
- The PPI has a base year of 2015 = 100.
- Mining and logging industries account for over 12% of the total PPI.
- The PPI excludes imports and focuses on domestic production.
FAQs
Q: What does this economic trend measure?
A: The PRTODCNPI03IXOBM series measures changes in the selling prices received by domestic producers for their output in the total mining and logging industries.
Q: Why is this trend relevant for users or analysts?
A: The PPI is an important leading indicator of inflation, providing insight into price pressures at the producer level before they reach consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by policymakers, economists, and businesses to assess inflationary pressures and inform decision-making.
Q: Are there update delays or limitations?
A: The PPI data is released monthly with a typical delay of around two weeks from the end of the reference period.
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Leading Indicators OECD: Component series: Employment - Unemployment: Original series for Portugal
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Not Seasonally Adjusted (PRTODCNPI03IXOBM), retrieved from FRED.