Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Denmark
Index 2015=100, Monthly
PITGND01DKM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.00
Year-over-Year Change
0.19%
Date Range
1/1/1985 - 12/1/2022
Summary
The Index 2015=100, Monthly series measures the level of industrial production in Germany on a monthly basis, with 2015 as the base year. This metric is a key indicator of overall economic activity and manufacturing health.
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 Index 2015=100, Monthly tracks changes in the total industrial output of Germany, including production from mining, manufacturing, and utilities sectors. Economists and policymakers closely monitor this index to assess the strength and direction of the German economy.
Methodology
The data is collected and calculated by the German Federal Statistical Office through surveys of industrial facilities.
Historical Context
The industrial production index is used to inform economic forecasting, monetary policy decisions, and market analysis.
Key Facts
- Germany is the largest economy in the Eurozone.
- The industrial sector accounts for over 25% of Germany's GDP.
- The index reached a record high of 108.4 in December 2017.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the total volume of industrial production in Germany, including mining, manufacturing, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the overall health and direction of the German economy, providing insights into manufacturing activity, capacity utilization, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the German Federal Statistical Office through surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by policymakers, economists, and market analysts to inform economic forecasting, monetary policy decisions, and assessments of the German and Eurozone economies.
Q: Are there update delays or limitations?
A: The industrial production index is released on a monthly basis, with a typical lag of around 6 weeks between the end of the reference month and the publication of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PITGND01DKM661N), retrieved from FRED.