Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Russia
RUSPITGCG02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.48
Year-over-Year Change
22.31%
Date Range
1/1/2015 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Consumer Goods: Domestic in Russia measures changes in prices received by domestic producers of consumer goods. This index is a key indicator of inflation pressures and production costs in the Russian 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 PPI for Consumer Goods: Domestic in Russia tracks price changes at the wholesale or producer level for consumer-oriented goods produced and sold within the country. This metric provides insight into cost and demand dynamics for consumer products, which informs economic analysis and policymaking.
Methodology
The data is collected through surveys of domestic producers and calculated by the Federal State Statistics Service of Russia.
Historical Context
The PPI is closely monitored by the Central Bank of Russia and used to help guide monetary policy decisions.
Key Facts
- The PPI for Consumer Goods: Domestic in Russia has a base year of 2005.
- This index is published monthly by the Federal State Statistics Service.
- Changes in the PPI can signal shifts in consumer demand and production costs.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Consumer Goods: Domestic in Russia tracks changes in the prices received by domestic producers of consumer-oriented products.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Consumer Goods provides insight into inflation pressures, production costs, and demand dynamics for consumer products in the Russian economy, which is valuable information for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: The PPI for Consumer Goods is closely monitored by the Central Bank of Russia and used to help guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI for Consumer Goods: Domestic in Russia is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Russia (RUSPITGCG02GPM), retrieved from FRED.