Producer Prices Index: Economic Activities: Energy: Domestic for Hungary
HUNPIEAEN02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.28
Year-over-Year Change
109.95%
Date Range
1/1/1999 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Energy: Domestic for Hungary measures changes in the prices received by domestic producers of energy-related goods and services in Hungary. This metric is a key indicator of inflationary pressures and overall economic conditions.
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 the average change in selling prices received by domestic producers across various economic sectors. The energy-focused PPI for Hungary specifically captures price movements for energy-related goods and services, providing insights into producer-level inflation and the cost environment for businesses.
Methodology
This index is calculated by Hungary's Central Statistical Office based on a survey of producer price data.
Historical Context
The Hungarian PPI energy index helps inform economic policy decisions and is closely monitored by analysts assessing the country's macroeconomic performance.
Key Facts
- Hungary's PPI energy index has a base year of 2015.
- Prices are collected from approximately 8,000 domestic producers.
- The index covers a range of energy commodities and utilities.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Energy: Domestic for Hungary tracks changes in the prices received by domestic producers of energy-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into producer-level inflation in Hungary's energy sector, which is a key input for assessing the country's overall economic conditions and guiding policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a survey of domestic producers by Hungary's Central Statistical Office and calculated as a price index.
Q: How is this trend used in economic policy?
A: The Hungarian PPI energy index is closely monitored by policymakers and analysts to gauge inflationary pressures and inform decisions related to monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The PPI energy index for Hungary is published monthly with a typical one-month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Energy: Domestic for Hungary (HUNPIEAEN02GYM), retrieved from FRED.