Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark
PIEATI02DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.61
Year-over-Year Change
23.14%
Date Range
1/1/1985 - 1/1/2018
Summary
The Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark measures changes in the prices received by domestic producers for their output. This metric is a key indicator of inflationary pressures and industrial activity in the Danish economy.
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 tracks the wholesale prices of goods and services produced in Denmark. It is used by economists, policymakers, and businesses to assess cost and supply-side inflation, production trends, and the overall health of the industrial sector.
Methodology
Data is collected through a nationwide survey of domestic producers and compiled by Statistics Denmark.
Historical Context
The PPI is closely monitored by the Danish Central Bank and government to inform monetary and fiscal policy decisions.
Key Facts
- The PPI is published monthly by Statistics Denmark.
- Denmark's PPI has increased by an average of 2.5% annually over the past decade.
- The PPI is considered a leading indicator of consumer price inflation in Denmark.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index measures changes in the prices received by domestic producers for their output, providing insight into inflationary pressures and industrial activity in Denmark.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key economic indicator used by policymakers, businesses, and analysts to assess cost-side inflation, production trends, and the overall health of Denmark's industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of domestic producers and compiled by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The Danish Central Bank and government closely monitor the PPI to inform monetary and fiscal policy decisions aimed at maintaining price stability and supporting industrial growth.
Q: Are there update delays or limitations?
A: The PPI is published monthly by Statistics Denmark with a typical release lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Denmark (PIEATI02DKA661N), retrieved from FRED.