Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Portugal
Index 2015=100, Monthly
PITGCG02PTM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.00
Year-over-Year Change
19.38%
Date Range
1/1/1995 - 12/1/2022
Summary
The Producer Price Index for Finished Goods, Monthly tracks changes in U.S. wholesale prices. It is a key indicator of inflation and 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 for Finished Goods, Monthly measures the average change over time in the selling prices received by domestic producers for their output. It is a leading indicator used to analyze price trends, guide monetary policy, and forecast consumer inflation.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on a survey of selling prices reported by a sample of establishments.
Historical Context
The PPI is closely watched by policymakers, analysts, and investors for insights into inflationary pressures.
Key Facts
- The PPI is measured on a 2015=100 index scale.
- The PPI tracks a broad basket of wholesale goods prices.
- The PPI is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for Finished Goods, Monthly tracks changes in the average selling prices received by domestic producers for their products.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and an important input for monetary policy decisions and economic forecasting.
Q: How is this data collected or calculated?
A: The PPI is calculated by the U.S. Bureau of Labor Statistics based on a monthly survey of selling prices reported by a sample of producer establishments.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the Federal Reserve and other policymakers to gauge inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI is released monthly with a lag of approximately two weeks after the end of the reference month.
Related Trends
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DDDI05PTA156NWDB
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for Portugal
LFIN25MAPTA647N
Harmonized Index of Consumer Prices: Spirits for Portugal
CP0211PTM086NEST
Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Portugal
LRUN25MAPTA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Portugal
PRTCPICORQINMEI
Citation
U.S. Federal Reserve, Producer Price Index for Finished Goods, Monthly (PITGCG02PTM661N), retrieved from FRED.