Producer Prices Index: Economic activities: Energy: Domestic for the European Union
EU28PIEAEN02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.33
Year-over-Year Change
-238.56%
Date Range
2/1/2000 - 6/1/2020
Summary
The Producer Prices Index for Economic Activities: Energy: Domestic in the European Union measures changes in wholesale energy prices. This provides insight into inflationary pressures and production costs for EU businesses.
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 changes in prices received by domestic producers for their output. The Energy: Domestic component specifically captures fluctuations in wholesale energy prices, which are a key input cost for many industries.
Methodology
The data is collected by Eurostat through surveys of European producers.
Historical Context
Policymakers and analysts use this PPI metric to assess energy inflation and its broader economic impacts.
Key Facts
- Covers over 30 countries in the European Union.
- Measures price changes from the producer/supplier level.
- Energy costs are a major input for many EU businesses.
FAQs
Q: What does this economic trend measure?
A: This metric tracks changes in wholesale energy prices paid by producers in the European Union. It provides insight into inflationary pressures and production costs for EU businesses.
Q: Why is this trend relevant for users or analysts?
A: Energy is a critical input cost for many industries, so tracking wholesale energy price changes helps policymakers and analysts assess the broader economic impacts.
Q: How is this data collected or calculated?
A: The data is collected by Eurostat through surveys of European producers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this PPI metric to monitor energy inflation and its effects on the overall EU economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 1-2 months.
Related Trends
Harmonized Index of Consumer Prices: Energy for Euro Area (19 Countries)
ENRGY0EZ19M086NEST
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for European Union (28 Countries)
IGDXESEU28M086NEST
Harmonized Index of Consumer Prices: Passenger Transport by Sea and Inland Waterway for European Union (27 Countries from 2020)
CP0734EU272020M086NEST
Harmonized Index of Consumer Prices: Dental Services for Euro Area (19 Countries)
CP0622EZ19M086NEST
Consumer Price Index: Harmonised prices: Education (COICOP 10): Total for the European Union
EU28CPHP1000GPM
Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for European Union (28 Countries)
FOOD00EU28M086NEST
Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Energy: Domestic for the European Union (EU28PIEAEN02GPM), retrieved from FRED.