Annual
BPFAOI02CAA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,773,000,000.00
Year-over-Year Change
-174.55%
Date Range
1/1/1990 - 1/1/2013
Summary
The Annual trend measures the annual change in the Producer Price Index (PPI) for farm products. This metric is important for economists and policymakers to monitor agricultural inflation and production costs.
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 Annual trend tracks the year-over-year percentage change in the PPI for farm products, a key indicator of agricultural price dynamics. This data is used to analyze trends in crop and livestock prices, as well as the overall health of the U.S. farm sector.
Methodology
The PPI data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of agricultural producers.
Historical Context
The Annual trend informs decisions around agricultural policy, commodity trading, and food price inflation.
Key Facts
- The PPI for farm products represents over 10% of the overall PPI.
- Annual agricultural price changes can impact food costs for consumers.
- Monitoring the Annual trend helps policymakers assess risks to the farm economy.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in the Producer Price Index (PPI) for farm products, a key indicator of agricultural price dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists and policymakers to monitor agricultural inflation and production costs, which can impact food prices and the overall health of the farm sector.
Q: How is this data collected or calculated?
A: The PPI data is collected monthly by the U.S. Bureau of Labor Statistics through surveys of agricultural producers.
Q: How is this trend used in economic policy?
A: The Annual trend informs decisions around agricultural policy, commodity trading, and food price inflation.
Q: Are there update delays or limitations?
A: The Annual trend data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Annual (BPFAOI02CAA636N), retrieved from FRED.