Producer Prices Index: Economic Activities: Energy: Total for Slovak Republic
PIEAEN01SKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
225.30
Year-over-Year Change
111.54%
Date Range
1/1/2003 - 1/1/2022
Summary
The Producer Prices Index: Economic Activities: Energy: Total for Slovak Republic measures price changes for energy products produced in Slovakia. This data is important for understanding inflation pressures and energy market dynamics.
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 average change in prices received by domestic producers for their energy-related output. It provides insights into supply-side inflationary trends and the competitiveness of Slovak energy industries.
Methodology
The data is collected through surveys of Slovak energy producers and manufacturers.
Historical Context
Policymakers use this index to monitor energy price inflation and inform decisions on energy policies and regulations.
Key Facts
- The index base year is 2015.
- Energy products make up around 15% of the Slovak Producer Price Index.
- Prices have risen by 25% since 2015.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change in prices received by domestic producers in Slovakia for their energy-related output, including fuels, electricity, and other energy commodities.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into energy-related supply-side inflationary pressures and the competitiveness of Slovak energy industries, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Slovak energy producers and manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor energy price inflation and inform decisions on energy policies and regulations.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Energy: Total for Slovak Republic (PIEAEN01SKA661N), retrieved from FRED.