Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Denmark
PITGCG02DKA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.93
Year-over-Year Change
33.37%
Date Range
1/1/2000 - 1/1/2022
Summary
The Producer Prices Index (PPI) for Consumer Goods measures the change in wholesale prices received by domestic producers of consumer goods in Denmark. It is a key indicator of inflationary pressures at the producer 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 tracks the average change in selling prices charged by manufacturers, wholesalers, and other producers of a wide range of consumer products in Denmark. It provides insights into cost-push inflation and the pricing power of businesses.
Methodology
The data is collected through surveys of producers and compiled by Statistics Denmark.
Historical Context
The PPI is monitored by policymakers, central banks, and market analysts to assess price trends and guide economic decision-making.
Key Facts
- The PPI for Consumer Goods is published monthly by Statistics Denmark.
- It covers a broad range of consumer products, from food and beverages to household goods and apparel.
- Movements in the PPI are closely watched as an early indicator of changes in consumer prices.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Consumer Goods measures the average change in selling prices received by domestic producers of a wide range of consumer products in Denmark.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Consumer Goods is a key indicator of inflationary pressures at the producer level, providing insights into cost-push inflation and the pricing power of businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and compiled by Statistics Denmark.
Q: How is this trend used in economic policy?
A: The PPI is monitored by policymakers, central banks, and market analysts to assess price trends and guide economic decision-making.
Q: Are there update delays or limitations?
A: The PPI for Consumer Goods is published monthly by Statistics Denmark with no significant update delays.
Related Trends
Harmonized Index of Consumer Prices: Meat for Denmark
CP0112DKM086NEST
Business Tendency Surveys: Composite Business Confidence: Economic Activity: Services for Denmark
BVCICP02DKM460S
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Denmark
TDSAMRIAOGGDK
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Denmark
LFAC74TTDKQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
DNKCPIENGAINMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark
DNKCPHP1000GYM
Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Denmark (PITGCG02DKA661N), retrieved from FRED.