Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Switzerland
CHEPIEAMI02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.05
Year-over-Year Change
-480.82%
Date Range
7/1/2004 - 10/1/2022
Summary
The Producer Prices Index for Mining and Quarrying Activities measures the change in wholesale prices received by producers in the Swiss mining and quarrying sector. This provides insights into inflationary pressures and production costs in a key industrial segment of the Swiss 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 Producer Prices Index (PPI) tracks the change in prices received by producers at the wholesale level. The Mining and Quarrying Activities segment measures price movements for businesses involved in extracting minerals, metals, and other natural resources in Switzerland.
Methodology
The index is calculated by the Swiss Federal Statistical Office based on a survey of producer prices.
Historical Context
The PPI is used by policymakers, economists, and businesses to monitor inflationary trends and industrial production costs.
Key Facts
- The index uses 2015 as the base year.
- Switzerland is a major global producer of metals, minerals, and other mined resources.
- PPI data helps track changes in production costs and wholesale inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Mining and Quarrying Activities measures changes in wholesale prices received by producers in the Swiss mining and quarrying sector.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and production costs in a key industrial segment of the Swiss economy, which is valuable for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The index is calculated by the Swiss Federal Statistical Office based on a survey of producer prices.
Q: How is this trend used in economic policy?
A: The PPI data is used by policymakers, economists, and businesses to monitor inflationary trends and industrial production costs.
Q: Are there update delays or limitations?
A: The data is published regularly by the Swiss government, but may have some lag time before release.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Switzerland (CHEPIEAMI02GYQ), retrieved from FRED.