Producer Prices Index: Economic Activities: Domestic Manufacturing for the European Union
Index 2015=100, Annual
PIEAMP02EUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.15
Year-over-Year Change
12.80%
Date Range
1/1/1995 - 1/1/2019
Summary
The 'Index 2015=100, Annual' trend measures the purchasing power of the euro in relation to the U.S. dollar on an annual basis. This metric is crucial for understanding the relative strength of currencies and evaluating international trade dynamics.
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 'Index 2015=100, Annual' series tracks the value of the euro compared to the U.S. dollar, with 2015 serving as the base year. This index is widely used by economists, policymakers, and market analysts to assess exchange rate fluctuations and their impact on international commerce, investment, and macroeconomic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Monitoring this trend is essential for informing monetary policy, trade negotiations, and investment decisions.
Key Facts
- The base year for this index is 2015.
- The index measures the euro's value relative to the U.S. dollar.
- This metric is crucial for evaluating international trade dynamics.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Annual' series tracks the purchasing power of the euro compared to the U.S. dollar on an annual basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is widely used by economists, policymakers, and market analysts to assess exchange rate fluctuations and their impact on international commerce, investment, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Monitoring this trend is essential for informing monetary policy, trade negotiations, and investment decisions.
Q: Are there update delays or limitations?
A: The data is updated annually and may be subject to revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PIEAMP02EUA661N), retrieved from FRED.