Producer Prices Index: Economic Activities: Manufacture of Food Products: Total for Canada

Index 2015=100, Monthly

PIEAFD01CAM661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

131.67

Year-over-Year Change

11.22%

Date Range

1/1/1960 - 12/1/2022

Summary

This economic trend measures the Producer Price Index (PPI) for Final Demand, which tracks changes in the prices received by domestic producers for their output. It is a key indicator of inflationary pressures in the U.S. 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

The PPI for Final Demand is a comprehensive measure of price changes at the producer level, capturing both goods and services. It is closely watched by policymakers, analysts, and businesses to gauge producer price trends and their impact on consumer prices and profitability.

Methodology

The data is collected through monthly surveys of a sample of domestic producers.

Historical Context

The PPI is a crucial input for the Federal Reserve's monetary policy decisions.

Key Facts

  • The PPI for Final Demand is published monthly by the U.S. Bureau of Labor Statistics.
  • It covers a broad range of goods and services, from raw materials to finished consumer products.
  • The index is a leading indicator of consumer price inflation.

FAQs

Q: What does this economic trend measure?

A: The PPI for Final Demand measures changes in the prices received by domestic producers for their output, including both goods and services.

Q: Why is this trend relevant for users or analysts?

A: The PPI is a key indicator of inflationary pressures in the economy, providing insight into producer pricing dynamics that can feed through to consumer prices.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of a sample of domestic producers.

Q: How is this trend used in economic policy?

A: The PPI for Final Demand is a crucial input for the Federal Reserve's monetary policy decisions, as it helps policymakers assess and respond to inflationary pressures.

Q: Are there update delays or limitations?

A: The PPI data is published monthly by the U.S. Bureau of Labor Statistics, with a typical lag of about two weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Monthly (PIEAFD01CAM661N), retrieved from FRED.