Producer Prices Index: Type of goods: Durable consumer goods: Total for Sweden
Index 2015=100, Monthly
PITGCD01SEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.56
Year-over-Year Change
13.92%
Date Range
1/1/1990 - 2/1/2023
Summary
The Producer Price Index (PPI) for Total Goods tracks changes in the prices received by domestic producers for their output. This metric is an important indicator of inflationary pressures and overall economic conditions.
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 Price Index (PPI) for Total Goods is a key measure of price movements at the wholesale or producer level. It gauges the average change over time in the selling prices received by domestic producers for their output.
Methodology
The PPI is calculated by the U.S. Bureau of Labor Statistics based on surveys of domestic producers.
Historical Context
The PPI provides insight into inflationary trends and can inform policymaking decisions.
Key Facts
- The PPI for Total Goods is published monthly by the U.S. Bureau of Labor Statistics.
- The index uses 2015 as the base year with a value of 100.
- Increases in the PPI signal potential future increases in consumer prices.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index (PPI) for Total Goods measures the average change over time in the selling prices received by domestic producers for their commodities and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI is an important indicator of inflationary pressures in the economy, as rising producer prices can signal future increases in consumer prices.
Q: How is this data collected or calculated?
A: The PPI is calculated by the U.S. Bureau of Labor Statistics based on surveys of domestic producers.
Q: How is this trend used in economic policy?
A: The PPI provides valuable insight into overall economic conditions and can inform policymaking decisions by the Federal Reserve and other institutions.
Q: Are there update delays or limitations?
A: The PPI for Total Goods is published monthly with a typical 2-week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PITGCD01SEM661N), retrieved from FRED.