Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Estonia
PIEAMI02EEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.71
Year-over-Year Change
17.59%
Date Range
1/1/2002 - 12/1/2022
Summary
The Producer Prices Index for Mining and Quarrying Activities in Estonia measures changes in the domestic prices received by producers in the mining and quarrying industry. This metric provides insights into inflationary pressures and production costs within a key sector of the Estonian 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 Producer Prices Index (PPI) tracks the average change in selling prices received by domestic producers for their output. The Mining and Quarrying Activities PPI specifically focuses on this industry, which includes the extraction of minerals and ores. This index is a leading economic indicator used to analyze production-side inflation and business conditions.
Methodology
The data is collected through monthly surveys of domestic producers in the mining and quarrying sector.
Historical Context
Policymakers and analysts use this PPI data to assess inflationary trends and monitor the health of the industrial production and commodities sectors.
Key Facts
- The PPI for Estonian mining and quarrying reached a peak in 2011.
- This index is published monthly by the U.S. Federal Reserve.
- Producer prices in this sector can impact broader industrial and consumer inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Mining and Quarrying Activities in Estonia measures the average change in domestic selling prices received by producers in the mining and quarrying industry.
Q: Why is this trend relevant for users or analysts?
A: This PPI metric provides insights into inflationary pressures and production costs within a key industrial sector, making it a useful indicator for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of domestic producers in the mining and quarrying sector.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this PPI data to assess inflationary trends and monitor the health of the industrial production and commodities sectors.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with no significant update delays.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Estonia
LREM24TTEEA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Estonia
ESTCPHP0800GYM
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Estonia
LFEMTTMAEEA647N
Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
SLRTCR03EEA657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
ESTCPHP0300GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Estonia
CPGREN01EEA659N
Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Estonia (PIEAMI02EEM661N), retrieved from FRED.