Production: Mining: Total for Sweden
Index 2015=100, Monthly, Seasonally Adjusted
SWEPRMITO01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.52
Year-over-Year Change
25.15%
Date Range
1/1/2000 - 10/1/2023
Summary
The Producer Price Index for Total Manufacturing tracks changes in wholesale prices of U.S. manufactured goods. It is a key economic indicator monitored by policymakers and analysts to assess domestic production and inflationary pressures.
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 Total Manufacturing (SWEPRMITO01IXOBSAM) measures the average change over time in the selling prices received by domestic producers for their output. This index is a widely-followed gauge of manufacturing sector activity and a leading indicator of broader consumer price inflation.
Methodology
The data is collected through surveys of domestic manufacturing establishments.
Historical Context
The PPI is used by the Federal Reserve and other policymakers to inform monetary policy decisions.
Key Facts
- Base year is 2015=100.
- Data is released monthly by the U.S. Bureau of Labor Statistics.
- The PPI is a leading indicator of consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Total Manufacturing measures the average change over time in the selling prices received by domestic producers for their manufacturing output.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a closely watched indicator of inflationary pressures in the manufacturing sector, providing insights into wholesale pricing dynamics that can inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of domestic manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers monitor the PPI as a leading indicator of broader consumer price inflation, using it to help guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly with a short lag, providing timely insights into manufacturing sector conditions.
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Citation
U.S. Federal Reserve, Producer Price Index for Total Manufacturing (SWEPRMITO01IXOBSAM), retrieved from FRED.