Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Germany
DEUPIEAFD01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.25
Year-over-Year Change
178.45%
Date Range
1/1/1996 - 12/1/2022
Summary
The Producer Prices Index for the Manufacture of Food Products in Germany measures changes in wholesale prices for the German food manufacturing industry. This provides important insights into supply chain and inflationary pressures.
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 changes in the prices of goods and services sold by producers in Germany. The PPI for the Manufacture of Food Products specifically measures price movements across the German food processing sector, an important economic activity.
Methodology
The data is collected through surveys of German manufacturers and compiled by the Federal Statistical Office of Germany.
Historical Context
The PPI for food manufacturing is closely watched by policymakers, economists, and industry participants for its implications on inflation and supply chain dynamics.
Key Facts
- The PPI for German food manufacturing reached a record high in 2022.
- Food processing accounts for over 10% of Germany's industrial output.
- Rising PPI indicates inflationary pressures for German consumers.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for the Manufacture of Food Products in Germany measures changes in wholesale prices across the German food processing industry.
Q: Why is this trend relevant for users or analysts?
A: The PPI for German food manufacturing provides important insights into supply chain dynamics, input cost pressures, and the potential for consumer price inflation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of German manufacturers and compiled by the Federal Statistical Office of Germany.
Q: How is this trend used in economic policy?
A: The PPI for food manufacturing is closely monitored by policymakers, economists, and industry participants for its implications on inflation and supply chain issues.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a short lag, providing timely information on price trends in the German food processing sector.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Germany (DEUPIEAFD01GYM), retrieved from FRED.