Producer Prices Index: Type of Goods: Investments Goods: Domestic for Finland
Index 2015=100, Quarterly
PITGVG02FIQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.93
Year-over-Year Change
20.81%
Date Range
1/1/1995 - 10/1/2022
Summary
The Producer Price Index (PPI) Finished Goods Quarterly is a key economic indicator that measures the average change in selling prices received by domestic producers of commodities.
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 Finished Goods Quarterly tracks price trends at the wholesale level, providing insights into inflation and production costs. It is widely used by economists, policymakers, and businesses to understand broader price dynamics in the economy.
Methodology
The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The PPI is a leading indicator for consumer prices and a valuable input for Federal Reserve monetary policy decisions.
Key Facts
- The PPI Finished Goods Quarterly is based on over 10,000 price quotations per month.
- The index uses 2015 as the base year with a value of 100.
- PPI data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The PPI Finished Goods Quarterly measures the average change in selling prices received by domestic producers of commodities at the wholesale level.
Q: Why is this trend relevant for users or analysts?
A: The PPI Finished Goods Quarterly is a leading indicator of inflation and provides insights into production costs and price dynamics throughout the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The PPI is a valuable input for Federal Reserve monetary policy decisions and is closely monitored by economists and policymakers.
Q: Are there update delays or limitations?
A: The PPI Finished Goods Quarterly data is released monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Producer Price Index: Finished Goods, Quarterly (PITGVG02FIQ661N), retrieved from FRED.