Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg
LUXPIEATI01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.69
Year-over-Year Change
-7.92%
Date Range
1/1/1981 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg measures the average change in selling prices received by domestic producers of industrial goods and services in Luxembourg. It is a key indicator of inflationary pressures in the Luxembourgish economy.
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 wholesale-level prices of a broad basket of industrial products and services in Luxembourg. It is used by policymakers, economists, and businesses to analyze price dynamics, monitor inflation, and make informed decisions about production, investment, and pricing strategies.
Methodology
The data is collected through a monthly survey of a representative sample of industrial producers in Luxembourg.
Historical Context
The Producer Prices Index is closely watched by the European Central Bank and other institutions to gauge inflationary trends and guide monetary policy decisions.
Key Facts
- The index base year is 2015.
- Luxembourg's Producer Prices Index reached an all-time high of 109.7 in December 2022.
- The index has increased by 8.7% over the past 12 months.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg measures the average change in selling prices received by domestic producers of industrial goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the Luxembourgish economy and is closely watched by policymakers, economists, and businesses to analyze price dynamics and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of a representative sample of industrial producers in Luxembourg.
Q: How is this trend used in economic policy?
A: The Producer Prices Index is closely monitored by the European Central Bank and other institutions to gauge inflationary trends and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg (LUXPIEATI01GYM), retrieved from FRED.