Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Switzerland
PIEAFD01CHM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.29
Year-over-Year Change
2.98%
Date Range
6/1/2002 - 12/1/2022
Summary
The Producer Prices Index (PPI) for the Manufacture of Food Products in Switzerland measures changes in the prices received by domestic producers for their output. This metric provides insight into inflationary pressures and supply chain dynamics within the Swiss food manufacturing industry.
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 the Manufacture of Food Products tracks price changes for a basket of goods representing the total output of the Swiss food manufacturing sector. It is a key indicator of producer-level price movements and an important input for policymakers and economists analyzing Switzerland's broader economic trends.
Methodology
The data is collected through surveys of a representative sample of Swiss food manufacturers and calculated as a chained Laspeyres index.
Historical Context
The PPI for the Manufacture of Food Products is closely watched by the Swiss National Bank and other institutions to assess inflationary risks and monitor the health of the domestic food processing industry.
Key Facts
- The base year for the PPI series is 2015 = 100.
- Food products account for around 8% of Switzerland's total industrial production.
- Switzerland is a major exporter of processed food and beverages.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for the Manufacture of Food Products in Switzerland measures changes in the prices received by domestic producers for their output of food-related goods.
Q: Why is this trend relevant for users or analysts?
A: The PPI for the Swiss food manufacturing sector provides important insights into producer-level inflation, supply chain dynamics, and the health of a key domestic industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of Swiss food manufacturers and calculated as a chained Laspeyres index.
Q: How is this trend used in economic policy?
A: The PPI for the Manufacture of Food Products is closely monitored by the Swiss National Bank and other institutions to assess inflationary pressures and the condition of the domestic food processing industry.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Switzerland (PIEAFD01CHM661N), retrieved from FRED.