Producer Prices Index: Economic activities: Industrial activities: Total for Sweden
SWEPIEATI01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.98
Year-over-Year Change
-309.52%
Date Range
1/1/1991 - 12/1/2020
Summary
The Producer Prices Index (PPI) for Sweden's industrial activities tracks changes in the prices received by domestic producers for their output. This key economic indicator provides insights into inflationary pressures and industrial productivity.
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 Sweden's industrial activities is a monthly index that measures the average change in prices received by domestic producers for their goods and services. It is an important barometer of inflationary trends and industrial competitiveness within the Swedish economy.
Methodology
The data is collected through surveys of Swedish producers and calculated using a Laspeyres index formula.
Historical Context
The PPI is closely monitored by the Riksbank, Sweden's central bank, and other policymakers to inform monetary and economic policies.
Key Facts
- The PPI for Sweden's industrial activities has a base year of 2015.
- The index covers prices for approximately 700 industrial products.
- Sweden's PPI reached an all-time high of 123.4 index points in November 2022.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Sweden's industrial activities measures the average change in prices received by domestic producers for their goods and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI is an important indicator of inflationary pressures and industrial competitiveness within the Swedish economy, providing insights that are valuable for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish producers and calculated using a Laspeyres index formula.
Q: How is this trend used in economic policy?
A: The PPI for Sweden's industrial activities is closely monitored by the Riksbank, Sweden's central bank, and other policymakers to inform monetary and economic policies.
Q: Are there update delays or limitations?
A: The PPI data is released monthly, with a typical lag of several weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Industrial activities: Total for Sweden (SWEPIEATI01GYM), retrieved from FRED.