Producer Prices Index: Economic Activities: Industrial Activities: Total for Finland
PIEATI01FIQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.93
Year-over-Year Change
37.59%
Date Range
1/1/1995 - 10/1/2022
Summary
The Producer Prices Index for Industrial Activities: Total measures changes in the prices received by domestic producers of industrial goods in Finland. It is a key indicator of inflationary pressures in the Finnish 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 Prices Index for Industrial Activities: Total tracks the wholesale prices of a broad basket of industrial products, including raw materials, intermediate goods, and final manufactured items. It is used by economists and policymakers to assess the underlying state of producer inflation in the Finnish economy.
Methodology
The data is collected through surveys of domestic producers and compiled by Statistics Finland.
Historical Context
The Producer Prices Index helps the Bank of Finland and other institutions monitor and respond to changes in cost-push inflation.
Key Facts
- The base year for the Producer Prices Index is 2015 = 100.
- Prices are measured at the factory gate before any retail or distribution markups.
- Finland is a major industrial exporter, making this index closely watched.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Industrial Activities: Total measures changes in the wholesale prices received by domestic producers of industrial goods in Finland.
Q: Why is this trend relevant for users or analysts?
A: The Producer Prices Index is a key indicator of inflationary pressures in the Finnish manufacturing sector, providing insights into cost-push inflation that can feed through to consumer prices.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and compiled by Statistics Finland.
Q: How is this trend used in economic policy?
A: The Producer Prices Index helps the Bank of Finland and other institutions monitor and respond to changes in producer-level inflation that could impact broader price stability.
Q: Are there update delays or limitations?
A: The Producer Prices Index data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Finland (PIEATI01FIQ661N), retrieved from FRED.