Producer Prices Index: Economic Activities: Total Industrial Activities for the European Union
PIEATI01EUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.80
Year-over-Year Change
-2.98%
Date Range
1/1/2000 - 6/1/2020
Summary
The Producer Prices Index (PPI) for Total Industrial Activities in the European Union measures changes in the prices producers receive for their goods and services. This key economic indicator provides insights into inflationary pressures and the health of the industrial 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 PPI for Total Industrial Activities in the EU tracks price changes across a broad range of economic activities, including mining, manufacturing, and utilities. Economists and policymakers closely monitor this index to assess production-side inflation and gauge the competitiveness of European industries.
Methodology
The data is collected through surveys of producers and compiled by Eurostat, the European Union's statistical agency.
Historical Context
The PPI is used by central banks and governments to inform monetary and fiscal policies.
Key Facts
- The PPI for the EU is published monthly by Eurostat.
- The index uses 2015 as the base year with a value of 100.
- The PPI tracks price changes for both domestic and exported goods.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Total Industrial Activities in the European Union measures changes in the prices received by producers for their goods and services across a wide range of economic sectors.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and the overall health of the EU's industrial sector, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and compiled by Eurostat, the statistical agency of the European Union.
Q: How is this trend used in economic policy?
A: Central banks and governments use the PPI to inform monetary and fiscal policies aimed at managing inflation and supporting industrial competitiveness.
Q: Are there update delays or limitations?
A: The PPI for the European Union is published monthly by Eurostat with minimal delays, providing timely insights into producer price dynamics.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Total Industrial Activities for the European Union (PIEATI01EUM661N), retrieved from FRED.