Producer Prices Index: Economic Activities: Industrial Activities: Total for Estonia
ESTPIEATI01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.35
Year-over-Year Change
-93.58%
Date Range
2/1/1997 - 12/1/2022
Summary
The Producer Prices Index for Industrial Activities: Total in Estonia measures changes in the prices received by domestic producers for their output. This metric is a key indicator of inflationary pressures and industrial production in the Estonian 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) tracks the average change in prices received by domestic producers for their goods and services. The PPI for Industrial Activities: Total in Estonia specifically focuses on prices in the industrial sector, providing insight into cost and supply dynamics across the country's manufacturing and mining industries.
Methodology
The data is collected through monthly surveys of Estonian producers.
Historical Context
The PPI is used by policymakers, economists, and analysts to monitor inflation and assess the health of the industrial economy.
Key Facts
- The PPI for Industrial Activities: Total in Estonia has a base year of 2015.
- Estonia's PPI reached a record high of 146.7 in August 2022.
- The PPI is a leading indicator of consumer price inflation in Estonia.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Industrial Activities: Total in Estonia measures changes in the prices received by domestic producers for their industrial output.
Q: Why is this trend relevant for users or analysts?
A: The PPI provides valuable insight into inflationary pressures and the overall health of Estonia's industrial sector, which is crucial information for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Estonian producers.
Q: How is this trend used in economic policy?
A: The PPI is used by the Estonian government and central bank to monitor inflation and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The PPI data for Estonia is published monthly with a lag of approximately one month.
Related Trends
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia
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Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Estonia
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for Estonia
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Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia
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People 15 Years and Over Saving at a Financial Institution in the Past Year for Estonia
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Estonia (ESTPIEATI01GPM), retrieved from FRED.