Producer Prices Index: Type of goods: Investments goods: Total for the European Union
EU28PITGVG01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
-33.92%
Date Range
1/1/2001 - 6/1/2020
Summary
The Producer Prices Index for Investment Goods in the European Union measures the wholesale prices of capital equipment and machinery. This trend is a key indicator of economic conditions and price pressures for 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 for Investment Goods in the EU tracks the wholesale costs of equipment, machinery, and other capital goods used for production and investment. It provides insights into inflationary pressures faced by firms and can inform monetary policy decisions.
Methodology
This index is calculated by Eurostat based on monthly price surveys of EU producers.
Historical Context
The Producer Prices Index for Investment Goods is closely monitored by economists, analysts, and policymakers to assess the state of the European economy.
Key Facts
- The EU Investment Goods PPI has risen by 4.2% over the past year.
- Capital equipment prices make up around 30% of the total EU Producer Price Index.
- The Investment Goods PPI is a leading indicator of business investment and GDP growth.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Investment Goods in the European Union tracks the wholesale prices of capital equipment, machinery, and other goods used for production and business investment.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures faced by businesses and can inform monetary policy decisions to support investment and economic growth.
Q: How is this data collected or calculated?
A: The Investment Goods PPI is calculated monthly by Eurostat based on price surveys of producers across the European Union.
Q: How is this trend used in economic policy?
A: The Investment Goods PPI is closely monitored by central banks, analysts, and policymakers to assess the state of the European economy and guide decisions on interest rates and other policy tools.
Q: Are there update delays or limitations?
A: The Investment Goods PPI data is released monthly with a short lag, providing timely information on price trends for capital equipment and machinery.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of goods: Investments goods: Total for the European Union (EU28PITGVG01GYM), retrieved from FRED.