Producer Prices Index: Type of Goods: Investments Goods: Total for Denmark
DNKPITGVG01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.51
Year-over-Year Change
45.66%
Date Range
1/1/1985 - 12/1/2022
Summary
The Producer Prices Index for Investment Goods in Denmark measures the changes in producer prices for capital equipment and other investment-related products. This metric is a key indicator of inflationary pressures and industrial activity in the Danish 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 Prices Index (PPI) for Investment Goods in Denmark tracks the wholesale prices charged by producers for machinery, equipment, and other products used for capital formation. This index is a valuable tool for economists and policymakers to assess trends in industrial production, business investment, and cost-push inflation.
Methodology
The data is collected through a survey of Danish manufacturers and producers.
Historical Context
The PPI for Investment Goods is closely monitored by the Danish central bank and government agencies to inform monetary and fiscal policies.
Key Facts
- The base year for the Danish PPI for Investment Goods is 2015.
- This index covers a broad range of capital goods, from machinery to construction materials.
- Denmark is a major industrial exporter, making the PPI an important indicator of its trade competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Investment Goods in Denmark measures the changes in wholesale prices charged by producers for capital equipment and other investment-related products.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures, industrial activity, and business investment in the Danish economy, making it valuable for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a survey of Danish manufacturers and producers.
Q: How is this trend used in economic policy?
A: The PPI for Investment Goods is closely monitored by the Danish central bank and government agencies to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The PPI for Investment Goods in Denmark is published monthly with minimal update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Investments Goods: Total for Denmark (DNKPITGVG01GYM), retrieved from FRED.