Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Switzerland
PIEAFD02CHQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.23
Year-over-Year Change
4.40%
Date Range
7/1/2003 - 10/1/2022
Summary
The Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Switzerland measures changes in the wholesale prices of food products produced and sold within Switzerland.
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 price trends of food manufacturing activities in the Swiss domestic market. It is a key indicator of inflationary pressures and producer cost dynamics in the Swiss food industry.
Methodology
The data is collected through surveys of producers and manufacturers.
Historical Context
This index is monitored by policymakers, analysts, and businesses to assess economic conditions and inform pricing and production decisions.
Key Facts
- Switzerland is a major global food exporter.
- Food production accounts for over 5% of Swiss GDP.
- Domestic food prices in Switzerland tend to be higher than international averages.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in the wholesale prices of food products manufactured and sold within Switzerland.
Q: Why is this trend relevant for users or analysts?
A: It is a key indicator of inflationary pressures and producer cost dynamics in the Swiss food industry, which is vital for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and manufacturers in the Swiss food industry.
Q: How is this trend used in economic policy?
A: This index is monitored by policymakers, analysts, and businesses to assess economic conditions and inform pricing and production decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, but there may be delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Switzerland (PIEAFD02CHQ661N), retrieved from FRED.