Producer Prices Index: Economic activities: Manufacturing: Domestic for G7
G7PIEAMP02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.28
Year-over-Year Change
41.40%
Date Range
1/1/1983 - 5/1/2018
Summary
The Producer Prices Index (PPI) for Economic activities: Manufacturing: Domestic for G7 tracks changes in the average price levels received by domestic manufacturers in the G7 countries. This key indicator provides insight into 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 PPI for Economic activities: Manufacturing: Domestic for G7 measures the average change in selling prices from domestic manufacturers in the manufacturing industries of the G7 nations. This gauge helps economists and policymakers assess the state of industrial pricing dynamics and production-side inflationary trends.
Methodology
The index is calculated based on survey data collected by national statistical agencies across the G7 countries.
Historical Context
Trends in the PPI for Manufacturing are closely monitored by central banks, governments, and market analysts for their implications on overall inflation, trade competitiveness, and monetary policy decisions.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Domestic PPI for Manufacturing has risen by an average of 3.5% per year over the past decade.
- Manufacturing accounts for about 15% of total economic output across the G7 nations.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Economic activities: Manufacturing: Domestic for G7 tracks the average selling prices received by domestic manufacturers in the G7 countries.
Q: Why is this trend relevant for users or analysts?
A: Trends in the manufacturing PPI provide insights into inflationary pressures at the producer level, which is useful for economic forecasting, monetary policy decisions, and analysis of trade competitiveness.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected by national statistical agencies across the G7 countries.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the PPI for Manufacturing as an indicator of production-side inflation, which informs monetary policy and trade decisions.
Q: Are there update delays or limitations?
A: The PPI for G7 Manufacturing is released on a monthly basis, with a lag of around one month.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for G7
G7LRHUTTTTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for G7
G7LRHUADFESTQ
Labour Compensation: Earnings: Manufacturing: Hourly for G7
G7LCEAMN01GPSAM
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MAGPQ
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7
G7LFACTTTTGPSAQ
Citation
U.S. Federal Reserve, Producer Prices Index: Economic activities: Manufacturing: Domestic for G7 (G7PIEAMP02GYM), retrieved from FRED.