Producer Prices Index: Type of Goods: Consumer Goods: Total for Spain
PITGCG01ESA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.62
Year-over-Year Change
26.84%
Date Range
1/1/2000 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Consumer Goods in Spain measures changes in the prices received by domestic producers for their output. It is a key indicator of inflationary pressures at the wholesale level.
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 Consumer Goods in Spain tracks price changes for a wide range of consumer products, from food and beverages to clothing and household goods. It provides insight into the pricing environment faced by Spanish consumers and can inform economic policy decisions.
Methodology
The index is calculated by the National Statistics Institute of Spain based on a survey of producer prices.
Historical Context
The PPI is used by policymakers, analysts, and businesses to anticipate changes in consumer prices and make informed decisions.
Key Facts
- The PPI for Consumer Goods in Spain has a base year of 2015.
- Prices are collected from a sample of over 10,000 businesses across Spain.
- The index is published monthly by the National Statistics Institute of Spain.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Consumer Goods in Spain measures changes in the prices received by domestic producers for their consumer goods output.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Consumer Goods provides insight into inflationary pressures at the wholesale level, which can inform economic policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The index is calculated by the National Statistics Institute of Spain based on a survey of producer prices.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses use the PPI for Consumer Goods to anticipate changes in consumer prices and make informed decisions.
Q: Are there update delays or limitations?
A: The PPI for Consumer Goods in Spain is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Consumer Goods: Total for Spain (PITGCG01ESA661N), retrieved from FRED.