Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Portugal
Index 2015=100, Monthly
PRTPITGCD01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.10
Year-over-Year Change
8.05%
Date Range
1/1/2005 - 12/1/2022
Summary
The Producer Price Index for Crude Goods (PRTPITGCD01IXOBM) measures changes in the prices of raw materials and intermediate goods. This index is a leading indicator of inflationary pressures and helps policymakers assess economic conditions.
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 for Crude Goods tracks the wholesale prices of unprocessed and partially processed products, such as agricultural commodities, metals, and energy. This index is closely watched by economists and analysts as an early signal of broader price changes in the economy.
Methodology
The data is collected through surveys of domestic producers and calculated based on a representative sample.
Historical Context
The PPI for Crude Goods is a key input for the Federal Reserve's monetary policy decisions.
Key Facts
- The index base year is 2015.
- The PPI for Crude Goods is published monthly.
- This index helps identify emerging inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Crude Goods (PRTPITGCD01IXOBM) measures changes in the wholesale prices of unprocessed and partially processed products, such as raw materials and intermediate goods.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Crude Goods is a leading indicator of broader inflationary pressures in the economy, making it a closely watched metric by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated based on a representative sample.
Q: How is this trend used in economic policy?
A: The PPI for Crude Goods is a key input for the Federal Reserve's monetary policy decisions, as it helps identify emerging inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The PPI for Crude Goods is published monthly with a typical release lag of about two weeks.
Related Trends
Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for Portugal
CP0612PTM086NEST
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Portugal
CPGREN01PTQ657N
Gross National Income for Portugal
MKTGNIPTA646NWDB
U.S. Exports of Goods by F.A.S. Basis to Portugal
EXP4710
Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Portugal
PRTCPHP0300IXEBM
Harmonized Index of Consumer Prices: Out-Patient Services for Portugal
CP0620PTM086NEST
Citation
U.S. Federal Reserve, Producer Price Index for Crude Goods (PRTPITGCD01IXOBM), retrieved from FRED.