Wholesale Prices: Industry Aggregates: Total for India
Growth rate same period previous year, Monthly
INDWPIATT01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.95
Year-over-Year Change
-65.29%
Date Range
1/1/1960 - 12/1/2022
Summary
This economic trend measures the year-over-year growth rate of the Producer Price Index for Intermediate Demand, which is a key indicator of inflationary pressures at the wholesale level.
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 Price Index for Intermediate Demand tracks the prices of goods and services sold to businesses for further processing or resale. Its growth rate compared to the same period a year prior provides insight into pipeline inflation and can inform monetary policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on a survey of producer prices.
Historical Context
This metric is closely watched by the Federal Reserve and financial markets as a leading indicator of consumer price inflation.
Key Facts
- The PPI for Intermediate Demand is a leading indicator of consumer inflation.
- Wholesale price pressures often precede changes in retail prices.
- The Federal Reserve monitors this metric closely to guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of the Producer Price Index for Intermediate Demand, which tracks the prices of goods and services sold to businesses for further processing or resale.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into pipeline inflation and can inform monetary policy decisions, as wholesale price pressures often precede changes in retail prices.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on a survey of producer prices.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors this metric as a leading indicator of consumer price inflation, which is a key factor in guiding monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Bureau of Labor Statistics, with typical release delays of around two weeks.
Related Trends
Number of Identified Exporters to India from Massachusetts
MAINDA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for India
INDFCBODCNUM
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for India
INDFCBODCKNUM
International Merchandise Trade Statistics: Imports: Commodities for India
XTIMVA01INQ664N
People 15 Years and Over Saving at a Financial Institution in the Past Year for India
DDAI06INA156NWDB
Balance of Payments: Services: Revenue for India
INDB6CRSE03STSAQ
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (INDWPIATT01GYM), retrieved from FRED.