Producer Prices Index: Type of goods: Durable consumer goods: Total for Sweden
SWEPITGCD01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.76
Year-over-Year Change
-59.21%
Date Range
1/1/1991 - 12/1/2020
Summary
The Producer Prices Index (PPI) for Durable Consumer Goods in Sweden measures changes in wholesale prices received by domestic producers. This indicator provides insights into inflationary pressures and producer-level economic activity.
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 Durable Consumer Goods tracks the average change in prices received by Swedish manufacturers for their output of durable consumer products. This metric is a key indicator of producer-level price trends and can signal future consumer price changes.
Methodology
The data is collected through surveys of Swedish producers and compiled by Statistics Sweden.
Historical Context
The PPI is closely monitored by policymakers, economists, and market analysts to assess overall economic conditions and inflationary dynamics.
Key Facts
- The PPI for Durable Consumer Goods in Sweden is published monthly.
- It covers a range of durable products like furniture, appliances, and electronics.
- The PPI is an important leading indicator of future consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Durable Consumer Goods in Sweden measures changes in the wholesale prices received by domestic producers for their output of durable consumer products.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Durable Consumer Goods is a key indicator of producer-level price trends and can signal future changes in consumer prices. It provides insights into inflationary pressures and the overall state of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish producers and compiled by Statistics Sweden.
Q: How is this trend used in economic policy?
A: The PPI for Durable Consumer Goods is closely monitored by policymakers, economists, and market analysts to assess overall economic conditions and inflationary dynamics in Sweden.
Q: Are there update delays or limitations?
A: The PPI for Durable Consumer Goods in Sweden is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of goods: Durable consumer goods: Total for Sweden (SWEPITGCD01GYM), retrieved from FRED.