Producer Prices Index: Economic Activities: Energy: Total for Czech Republic
CZEPIEAEN01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.24
Year-over-Year Change
-168.42%
Date Range
2/1/2000 - 11/1/2022
Summary
The Producer Prices Index: Economic Activities: Energy: Total for Czech Republic measures the changes in prices received by producers of energy-related goods and services in the Czech Republic. This metric is closely monitored by economists and policymakers to gauge inflationary pressures and the health of the domestic energy sector.
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 average change in prices that domestic producers receive for their output. The Energy PPI focuses specifically on price changes for energy-related products, which are a key input cost for many businesses and households. Monitoring this index helps economists and policymakers assess the overall inflation environment and energy market dynamics.
Methodology
The Czech Statistical Office collects price data from domestic energy producers and calculates the PPI Energy index on a monthly basis.
Historical Context
Trends in the PPI Energy index provide important context for the Czech Republic's monetary and fiscal policies, as well as its broader economic and trade considerations.
Key Facts
- The PPI Energy index for the Czech Republic uses 2015 as its base year.
- Energy products account for around 10% of the overall Czech Producer Price Index.
- Prices for the PPI Energy index are collected from approximately 150 domestic producers.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Energy: Total for Czech Republic measures the changes in prices received by domestic producers of energy-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the PPI Energy index helps economists and policymakers assess inflationary pressures, energy market dynamics, and the overall health of the Czech economy.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects price data directly from domestic energy producers and calculates the PPI Energy index on a monthly basis.
Q: How is this trend used in economic policy?
A: Trends in the PPI Energy index provide important context for the Czech Republic's monetary and fiscal policies, as well as its broader economic and trade considerations.
Q: Are there update delays or limitations?
A: The PPI Energy index for the Czech Republic is published on a monthly basis with a typical 1-month lag.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Energy: Total for Czech Republic (CZEPIEAEN01GPM), retrieved from FRED.