Producer Prices Index: Economic Activities: Manufacturing: Total for Switzerland
PIEAMP01CHQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.82
Year-over-Year Change
4.17%
Date Range
7/1/2002 - 10/1/2022
Summary
The Producer Prices Index: Economic Activities: Manufacturing: Total for Switzerland measures the changes in wholesale prices of manufactured goods in Switzerland. It is a key indicator of inflationary pressures and economic performance.
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 output. It covers the manufacturing sector, which is a major component of the Swiss economy. Policymakers and analysts use this data to assess domestic inflation, monitor industrial activity, and inform monetary and fiscal policies.
Methodology
The data is collected through surveys of producers and compiled by the Swiss Federal Statistical Office.
Historical Context
This index is closely watched by the Swiss National Bank and international investors to gauge Switzerland's economic health and competitiveness.
Key Facts
- Switzerland is a highly developed, export-oriented economy.
- Manufacturing accounts for about 23% of Switzerland's GDP.
- The producer prices index is released monthly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Manufacturing: Total for Switzerland measures the changes in wholesale prices of manufactured goods produced in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures and economic performance in Switzerland's manufacturing sector, which is an important driver of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and compiled by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and international investors closely monitor this index to assess domestic inflation, industrial activity, and Switzerland's economic competitiveness.
Q: Are there update delays or limitations?
A: The producer prices index is released monthly by the Swiss Federal Statistical Office with no significant delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacturing: Total for Switzerland (PIEAMP01CHQ661N), retrieved from FRED.