Producer Prices Index: Economic Activities: Manufacturing: Domestic for Australia
Index 2015=100, Annual
AUSPPDMAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.34
Year-over-Year Change
46.59%
Date Range
1/1/1969 - 1/1/2022
Summary
The Index 2015=100, Annual measures the annual change in the producer price index for Australia, providing insight into inflationary pressures in the 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 price index (PPI) tracks changes in the selling prices received by domestic producers for their output. The annual Index 2015=100 provides a year-over-year comparison of PPI, which is useful for analyzing inflation trends and price dynamics.
Methodology
The Australian Bureau of Statistics collects price data from businesses to calculate the PPI.
Historical Context
Policymakers and economists monitor the PPI to inform monetary and fiscal policies.
Key Facts
- The base year for the index is 2015.
- PPI measures price changes from the seller's perspective.
- Annual PPI data provides a longer-term view of inflationary trends.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the year-over-year change in Australia's producer price index, which tracks the selling prices received by domestic producers.
Q: Why is this trend relevant for users or analysts?
A: The PPI is an important indicator of inflationary pressures in the economy, providing insights that complement the consumer price index.
Q: How is this data collected or calculated?
A: The Australian Bureau of Statistics collects price data from businesses to calculate the producer price index.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the PPI to inform monetary and fiscal policies aimed at managing inflation and supporting economic growth.
Q: Are there update delays or limitations?
A: The annual PPI data is subject to the reporting schedules and data collection processes of the Australian Bureau of Statistics.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (AUSPPDMAINMEI), retrieved from FRED.