Producer Prices Index: Economic Activities: Manufacturing: Domestic for Luxembourg
Index 2015=100, Quarterly
LUXPPDMQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.13
Year-over-Year Change
40.39%
Date Range
1/1/1980 - 10/1/2022
Summary
The Index 2015=100, Quarterly trend measures the production of manufactured goods in Luxembourg on a quarterly basis, with 2015 as the base year. This indicator provides insights into the health and growth of the country's industrial sector.
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 Index 2015=100, Quarterly tracks the volume of manufacturing production in Luxembourg, adjusting for seasonal variations. It is a key metric used by economists and policymakers to gauge the overall performance and trends in the country's industrial output.
Methodology
The data is collected and calculated by the National Institute of Statistics and Economic Studies of Luxembourg.
Historical Context
This index is widely followed by analysts and decision-makers to assess the strength of Luxembourg's economy and guide policy decisions.
Key Facts
- Luxembourg's manufacturing sector accounts for about 10% of its GDP.
- The index reached its highest level of 105.0 in Q4 2019.
- The COVID-19 pandemic caused a significant decline in the index in 2020.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the volume of manufacturing production in Luxembourg, adjusted for seasonal variations. It serves as a key indicator of the country's industrial sector performance.
Q: Why is this trend relevant for users or analysts?
A: This index is closely monitored by economists, policymakers, and industry analysts to assess the health and growth of Luxembourg's manufacturing and industrial base, which is an important driver of the country's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Institute of Statistics and Economic Studies of Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this index to inform their decisions on monetary and fiscal policies, as it provides insights into the strength and direction of Luxembourg's industrial sector, which is a key component of the country's economy.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical delay of 2-3 months from the end of the reference quarter. As with any economic indicator, the index may be subject to revisions based on updated data or methodological changes.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (LUXPPDMQINMEI), retrieved from FRED.