Producer Prices Index: Economic Activities: Energy: Domestic for Denmark
PIEAEN02DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
495.00
Year-over-Year Change
43.27%
Date Range
1/1/2000 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Energy: Domestic for Denmark measures changes in the prices received by domestic producers of energy products in Denmark. This metric is important for analyzing trends in producer inflation and the competitiveness of Danish industries.
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 for Energy measures price changes for a range of energy goods and services produced and sold within Denmark, including electricity, natural gas, and petroleum products. It serves as a key indicator of inflationary pressures at the producer level and can inform economic policy decisions.
Methodology
The data is collected through surveys of domestic energy producers and calculated as a weighted index.
Historical Context
Policymakers and analysts use this index to assess the impact of energy costs on Danish businesses and the overall competitiveness of the economy.
Key Facts
- The base year for the index is 2015 = 100.
- Energy accounts for approximately 10% of the total Producer Prices Index in Denmark.
- Prices for energy products can heavily influence production costs and business profitability.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Energy in Denmark measures changes in the prices received by domestic producers of a range of energy products, including electricity, natural gas, and petroleum.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and cost competitiveness for Danish businesses, as energy is a significant input for many industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic energy producers and calculated as a weighted index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of energy costs on Danish businesses and the overall competitiveness of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Denmark
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Financial Market: Share Prices for Denmark
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Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Denmark
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Geographical Outreach: Number of Commercial Banks for Denmark
DNKFCIODCNUM
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Denmark
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Energy: Domestic for Denmark (PIEAEN02DKM661N), retrieved from FRED.