Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Estonia
ESTPITGCD02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.94
Year-over-Year Change
-180.22%
Date Range
4/1/2002 - 10/1/2022
Summary
The Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Estonia measures changes in the prices received by domestic producers of durable consumer goods in Estonia. This index is a key indicator of inflationary pressures in the manufacturing 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) measures the average change in prices received by domestic producers for their output. The Durable Consumer Goods segment tracks prices for longer-lasting products like appliances, furniture, and electronics. This index provides insight into producer-level inflation that can feed through to consumer prices.
Methodology
The Estonian statistical agency collects price data from a sample of domestic producers and calculates the PPI using a Laspeyres formula.
Historical Context
Policymakers and analysts use the PPI to assess manufacturing sector health and predict future consumer price movements.
Key Facts
- The base year for the Estonian PPI is 2015.
- Durable consumer goods account for around 30% of total producer output in Estonia.
- The PPI excludes import prices, focusing only on domestic production.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Estonia measures changes in the prices received by domestic producers of longer-lasting consumer products like appliances and furniture.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures at the producer level, which can feed through to consumer prices. It is a key indicator of manufacturing sector health and an input for policymakers and forecasters.
Q: How is this data collected or calculated?
A: The Estonian statistical agency collects price data from a sample of domestic producers and calculates the PPI using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use the PPI to assess manufacturing sector conditions and predict future consumer price movements, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Estonian PPI is published monthly with a lag of approximately one month.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Estonia
LREM24MAEEA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia
ESTCPHPEN01IXOBM
Literacy Rate, Adult Total for Estonia
SEADTLITRZSEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Estonia
CPHPTT01EEM659N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Estonia
CPGRLE01EEA659N
Consumer Price Index: All Items: Total for Estonia
CPALTT01EEQ657N
Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Estonia (ESTPITGCD02GPQ), retrieved from FRED.