Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic
SVKPIEATI01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.11
Year-over-Year Change
45.62%
Date Range
1/1/2004 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic measures the changes in prices received by domestic producers for their output. This index is a key indicator of inflationary pressures in the Slovak industrial sector.
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 Prices Index (PPI) tracks the average change in prices received by domestic producers for their goods and services. The PPI for industrial activities in Slovakia provides insight into cost pressures faced by businesses and producers, which can inform economic analysis and policy decisions.
Methodology
The data is collected through a monthly survey of producers and compiled by the Statistical Office of the Slovak Republic.
Historical Context
The Slovak PPI is used by policymakers, economists, and market participants to assess industrial price dynamics and their potential impact on inflation, consumer prices, and overall economic conditions.
Key Facts
- The Slovak PPI has a base year of 2015.
- Prices are measured at the producer level, before any retail markups.
- The index covers a broad range of industrial economic activities.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic measures the average change in prices received by domestic producers for their industrial goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Slovak PPI provides valuable insight into cost pressures and pricing dynamics within the country's industrial sector, which can inform economic analysis, policy decisions, and market expectations.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of producers and compiled by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The Slovak PPI is used by policymakers, economists, and market participants to assess industrial price dynamics and their potential impact on inflation, consumer prices, and overall economic conditions.
Q: Are there update delays or limitations?
A: The Slovak PPI data is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Slovak Republic (SVKPIEATI01GYM), retrieved from FRED.