Production: Industry: Total Industry Excluding Construction for Hungary
Index Eurostat base, Quarterly, Seasonally Adjusted
HUNPRINTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.70
Year-over-Year Change
6.37%
Date Range
1/1/2000 - 7/1/2023
Summary
The Index Eurostat base, Quarterly, Seasonally Adjusted trend measures changes in producer prices in Hungary over time. It is a key indicator for monitoring inflation and 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
This index tracks the development of producer prices, reflecting the price changes experienced by domestic producers across various industries in Hungary. It is a valuable metric for analyzing production costs, competitiveness, and broader inflationary pressures in the economy.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use this index to inform decisions and forecasts related to monetary policy, trade, and industrial development.
Key Facts
- The index has a base year of 2015 = 100.
- Prices are measured at the factory gate before any further distribution costs.
- The index is adjusted for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base, Quarterly, Seasonally Adjusted measures changes in producer prices in Hungary. It tracks the price changes experienced by domestic producers across various industries.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator for monitoring inflation and economic conditions in Hungary. It provides insights into production costs, competitiveness, and broader inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to inform decisions and forecasts related to monetary policy, trade, and industrial development in Hungary.
Q: Are there update delays or limitations?
A: The index is published quarterly with a lag, so there may be a delay in the most recent data availability.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Seasonally Adjusted (HUNPRINTO01IXEBSAQ), retrieved from FRED.