Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Japan

PITGCD02JPM661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

96.30

Year-over-Year Change

0.52%

Date Range

1/1/1970 - 4/1/2022

Summary

The Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Japan measures changes in prices received by domestic producers of durable consumer goods in Japan.

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 wholesale price changes for durable consumer goods produced and sold within Japan. It is a key indicator of inflationary pressures and price dynamics in the Japanese economy.

Methodology

The data is collected through surveys of domestic producers and manufacturers.

Historical Context

Policymakers and analysts use this index to assess price trends and inform monetary and fiscal policy decisions.

Key Facts

  • Japan is the world's third-largest economy.
  • Durable goods account for a significant portion of Japan's consumer spending.
  • The Producer Prices Index is released monthly by the Bank of Japan.

FAQs

Q: What does this economic trend measure?

A: This index measures the changes in prices received by domestic producers of durable consumer goods in Japan.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of inflationary pressures and price dynamics in the Japanese economy, which is crucial for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of domestic producers and manufacturers in Japan.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this index to assess price trends and inform monetary and fiscal policy decisions in Japan.

Q: Are there update delays or limitations?

A: The Producer Prices Index for Japan is released monthly by the Bank of Japan, with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Japan (PITGCD02JPM661N), retrieved from FRED.