Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Portugal
PITGCD02PTA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.56
Year-over-Year Change
15.47%
Date Range
1/1/1995 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Durable Consumer Goods in Portugal measures changes in wholesale prices for durable goods purchased by consumers. This metric is a key indicator of inflationary pressures and producer-level activity.
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 Durable Consumer Goods tracks the average change in selling prices received by domestic producers for their output. It is used to analyze supply-side inflation and producer profitability trends within the durable goods sector.
Methodology
The data is collected through surveys of domestic manufacturing companies in Portugal.
Historical Context
Policymakers and analysts monitor this PPI series to assess manufacturing conditions and anticipate changes in consumer prices.
Key Facts
- The base year for this PPI series is 2015.
- Durable consumer goods include products like appliances, furniture, and vehicles.
- Portugal is a major manufacturing hub for the European Union.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Durable Consumer Goods in Portugal tracks wholesale price changes for durable goods sold to domestic consumers.
Q: Why is this trend relevant for users or analysts?
A: This PPI series is a key indicator of inflationary pressures and producer-level activity within the Portuguese durable goods sector, providing insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic manufacturing companies in Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this PPI series to assess manufacturing conditions and anticipate changes in consumer prices.
Q: Are there update delays or limitations?
A: There may be lags or limitations in data reporting that analysts should consider when interpreting this series.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Portugal (PITGCD02PTA661N), retrieved from FRED.