Producer Prices Index: Economic Activities: Manufacturing: Total for Denmark
Index 2015=100, Monthly
PIEAMP01DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.40
Year-over-Year Change
7.12%
Date Range
1/1/1985 - 12/1/2022
Summary
The Producer Price Index for Processed Meats measures changes in the selling prices received by domestic producers for their output. It is a key indicator of inflationary pressures in the food manufacturing sector.
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 Price Index for Processed Meats is a monthly economic indicator that tracks the average change over time in the selling prices received by U.S. producers of processed meat products. It is used by policymakers, analysts, and businesses to gauge producer-level price trends.
Methodology
The data is collected through surveys of domestic producers and calculated as an index with a 2015 base year.
Historical Context
The Producer Price Index for Processed Meats provides insight into cost pressures faced by food manufacturers, which can impact consumer food prices and broader inflation.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The index tracks price changes for a variety of processed meat products.
- Producer prices for processed meats can impact consumer food inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Processed Meats measures the average change over time in the selling prices received by U.S. producers for their processed meat products.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into producer-level price pressures in the food manufacturing sector, which can have implications for broader consumer price inflation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated as an index with a 2015 base year.
Q: How is this trend used in economic policy?
A: The Producer Price Index for Processed Meats is monitored by policymakers, economists, and businesses to assess inflationary pressures and cost trends in the food manufacturing industry.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve with typical release lags of 2-3 weeks.
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Citation
U.S. Federal Reserve, Producer Price Index for Processed Meats (PIEAMP01DKM661N), retrieved from FRED.