Production: Manufacturing: Total Manufacturing for Hungary
Index Eurostat base, Quarterly, Seasonally Adjusted
HUNPRMNTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.37
Year-over-Year Change
6.78%
Date Range
1/1/2000 - 7/1/2023
Summary
The Index Eurostat base, Quarterly, Seasonally Adjusted metric tracks changes in Hungary's producer prices over time, providing insights into inflationary trends and production costs.
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 measures the average change in selling prices received by domestic producers for their output. It is a key indicator of cost-push inflation and can inform economic policy decisions.
Methodology
The data is collected through surveys of manufacturers and calculated using a base year of 2015.
Historical Context
Analysts and policymakers monitor this index to assess the state of the Hungarian economy and its manufacturing sector.
Key Facts
- The base year for the index is 2015.
- It is published on a quarterly basis.
- The data is seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base, Quarterly, Seasonally Adjusted metric measures changes in the average selling prices received by domestic producers in Hungary for their output.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of cost-push inflation and production costs, providing insights into the state of the Hungarian manufacturing sector and economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturers and calculated using a base year of 2015.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this index to assess inflationary pressures and make informed decisions about economic policy in Hungary.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical update delay of a few months.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Seasonally Adjusted (HUNPRMNTO01IXEBSAQ), retrieved from FRED.