Producer Prices Index: Economic Activities: Industrial Activities: Total for Hungary
PIEATI01HUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.62
Year-over-Year Change
72.83%
Date Range
1/1/1992 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Industrial Activities: Total in Hungary measures the changes in prices received by domestic producers for their output. This key economic indicator provides insights into inflationary pressures and the overall 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 Industrial Activities: Total in Hungary tracks the average change in prices charged by manufacturers, miners, and utilities producers at the wholesale level. This metric is used by analysts and policymakers to gauge domestic price trends and producer-level inflation.
Methodology
The data is collected through surveys of producers and compiled by the Hungarian Central Statistical Office.
Historical Context
The PPI is closely monitored by the Hungarian National Bank and other institutions to support economic and monetary policy decisions.
Key Facts
- The PPI for Industrial Activities: Total in Hungary has a base year of 2015.
- Hungary's PPI reached a record high of 149.3 in December 2022.
- PPI data is released monthly by the Hungarian Central Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Industrial Activities: Total in Hungary measures the average change in prices charged by domestic producers for their industrial output.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key leading indicator that provides insights into inflationary pressures and the overall health of the industrial sector in Hungary.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and compiled by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: The Hungarian National Bank and other institutions closely monitor the PPI to support economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the Hungarian Central Statistical Office with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Total for Hungary (PIEATI01HUA661N), retrieved from FRED.