Producer Prices Index: Economic Activities: Manufacturing: Domestic for Israel
ISRPPDMAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.70
Year-over-Year Change
20.89%
Date Range
1/1/1995 - 1/1/2022
Summary
The Producer Prices Index: Economic Activities: Manufacturing: Domestic for Israel measures changes in the prices received by domestic manufacturers for their output. This trend is a key indicator of inflationary pressures and manufacturing sector health.
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 prices received by domestic producers for their goods and services. The Domestic Manufacturing PPI for Israel specifically measures price changes at the factory gate for finished manufactured products destined for the domestic market.
Methodology
The Israeli Central Bureau of Statistics collects price data directly from manufacturing establishments and calculates the PPI using a Laspeyres index formula.
Historical Context
Policymakers and analysts use the Israel Domestic Manufacturing PPI to assess inflationary trends and the competitiveness of the country's manufacturing base.
Key Facts
- The base year for the Israel Domestic Manufacturing PPI is 2015=100.
- Israel's manufacturing sector accounts for over 18% of GDP.
- The PPI is released monthly by the Israeli Central Bureau of Statistics.
FAQs
Q: What does this economic trend measure?
A: The Israel Domestic Manufacturing Producer Prices Index (PPI) measures changes in the prices received by domestic manufacturers for their finished goods destined for the local market.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and the competitiveness of Israel's manufacturing sector. It provides insight into the pricing power and input costs faced by domestic producers.
Q: How is this data collected or calculated?
A: The Israeli Central Bureau of Statistics collects price data directly from manufacturing establishments and calculates the PPI using a Laspeyres index formula.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Israel Domestic Manufacturing PPI to assess inflationary trends and the competitiveness of the country's manufacturing base, informing monetary and industrial policies.
Q: Are there update delays or limitations?
A: The PPI is released monthly by the Israeli Central Bureau of Statistics with a typical 1-2 month lag in data availability.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacturing: Domestic for Israel (ISRPPDMAINMEI), retrieved from FRED.