Producer Prices Index: Economic Activities: Manufacturing: Domestic for OECD
OECDPIEAMP02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.99
Year-over-Year Change
12.91%
Date Range
1/1/1982 - 12/1/2022
Summary
The Producer Prices Index (PPI) for Manufacturing: Domestic tracks changes in wholesale prices for manufactured goods sold domestically in OECD countries. It serves as an important leading indicator of inflation and industrial activity.
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 PPI for Manufacturing: Domestic is a critical economic metric that measures price changes in the production and sale of manufactured goods. It reflects cost pressures and pricing power for businesses, providing insights into underlying trends in the industrial sector.
Methodology
The data is collected through surveys of manufacturers and compiled by the OECD.
Historical Context
The PPI is closely monitored by policymakers, central banks, and market analysts to assess economic conditions and guide policy decisions.
Key Facts
- The PPI measures price changes from the producer's perspective, unlike the consumer price index.
- Manufacturers use PPI data to set prices and adjust production.
- Central banks monitor PPI as an early indicator of potential consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Manufacturing: Domestic measures changes in wholesale prices for manufactured goods sold within OECD countries.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of cost pressures, pricing power, and overall industrial activity, providing insights that inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturers and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Central banks, policymakers, and market analysts closely monitor the PPI as an early signal of potential consumer price inflation and broader economic conditions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacturing: Domestic for OECD (OECDPIEAMP02IXOBM), retrieved from FRED.