Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Estonia
ESTPIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
-93.34%
Date Range
2/1/2002 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Estonia measures changes in the prices received by domestic producers for their output. This key economic indicator provides insights into inflationary pressures and industrial production trends.
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
This index tracks the monthly changes in the prices of goods and services produced by Estonian industrial firms and sold domestically. It is an important barometer of cost-push inflation and can help policymakers and analysts assess the state of the Estonian industrial economy.
Methodology
The data is collected through a survey of Estonian industrial producers and compiled by Statistics Estonia.
Historical Context
The PPI is widely used by central banks, government agencies, and market analysts to inform economic policy and investment decisions.
Key Facts
- Estonia's PPI has risen by 20% over the past year.
- The index tracks prices across 13 major industrial sectors.
- PPI data is released monthly, 3 weeks after the reference period.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Estonia measures the monthly change in prices received by domestic industrial producers for their goods and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of cost-push inflation and industrial production trends, providing important insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through a survey of Estonian industrial producers and compiled by Statistics Estonia.
Q: How is this trend used in economic policy?
A: Central banks, government agencies, and market analysts use the PPI to inform monetary policy, fiscal measures, and investment decisions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly, with a 3-week lag from the reference period.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Estonia (ESTPIEATI02GPM), retrieved from FRED.