Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Estonia
Monthly, Seasonally Adjusted
ESTPREND401IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.44
Year-over-Year Change
-4.49%
Date Range
1/1/2000 - 3/1/2024
Summary
The Monthly, Seasonally Adjusted series measures the monthly change in wholesale prices for the manufacturing, mining, and utility sectors in the United States. It is a key indicator of inflationary pressures in the 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
This index tracks the overall price level of goods sold by domestic producers across a range of industries. It is used by policymakers, analysts, and businesses to assess cost pressures and predict broader inflation trends.
Methodology
The data is collected through surveys of domestic producers and calculated as a weighted average of prices.
Historical Context
The Producer Price Index is closely monitored by the Federal Reserve and other economic institutions in guiding monetary policy decisions.
Key Facts
- The PPI tracks price changes across 3,000 domestic goods and services.
- The index has a base year of 2012 = 100.
- PPI data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index measures the average change in prices received by domestic producers for their output. It covers manufacturing, mining, and utility sectors.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and cost changes at the producer level, which can provide insights into future consumer price movements.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated as a weighted average of prices for various goods and services.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor the PPI as an input to their decisions on monetary policy and managing inflation.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the Bureau of Labor Statistics with a typical lag of around two weeks from the reference period.
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Citation
U.S. Federal Reserve, Producer Price Index: Finished Goods: Total (ESTPREND401IXOBSAM), retrieved from FRED.