Producer Prices Index: Economic Activities: Domestic Industrial Activities for the European Union
PIEATI02EUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.32
Year-over-Year Change
14.42%
Date Range
1/1/2000 - 1/1/2019
Summary
The Producer Prices Index: Economic Activities: Domestic Industrial Activities for the European Union measures changes in the selling prices received by domestic producers for their output. This metric is a key indicator of inflationary pressures and industrial activity in the Eurozone.
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
This index tracks the monthly change in prices received by producers for their goods and services sold domestically within the European Union. It is used by economists and policymakers to assess the health of the industrial sector and inflationary trends across the Eurozone.
Methodology
The data is collected through surveys of producers across various economic sectors in the EU.
Historical Context
Central banks and government agencies use this index to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Prices are measured at the factory gate before taxes and transportation costs.
- The index covers over 21,000 producer price series across 36 economic activities in the EU.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Domestic Industrial Activities for the European Union measures the monthly change in prices received by domestic producers for their goods and services sold within the EU.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insight into inflationary pressures and the overall health of the Eurozone industrial sector, which is critical information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers across various economic sectors in the European Union.
Q: How is this trend used in economic policy?
A: Central banks and government agencies use this index to inform monetary and fiscal policy decisions aimed at managing inflation and supporting industrial activity in the Eurozone.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around 4 weeks. The data may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Domestic Industrial Activities for the European Union (PIEATI02EUA661N), retrieved from FRED.