Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan
PITGND02JPM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.30
Year-over-Year Change
2.51%
Date Range
1/1/1970 - 4/1/2022
Summary
The Producer Prices Index (PPI) for Non-Durable Consumer Goods measures price changes at the producer level for non-durable goods in Japan. This metric serves as an important indicator of inflationary pressures 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 PPI for Non-Durable Consumer Goods in Japan tracks wholesale price changes for domestically produced non-durable consumer products. It is a key leading indicator used by economists and policymakers to monitor the health of the Japanese economy and producer-level inflation.
Methodology
The data is collected through a monthly survey of Japanese producers and manufacturers.
Historical Context
The PPI is closely watched by the Bank of Japan and other institutions to inform monetary policy decisions.
Key Facts
- The PPI is a leading indicator of inflation.
- The index measures price changes before the consumer level.
- Non-durable goods include items like food, clothing, and fuel.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Non-Durable Consumer Goods measures wholesale price changes for domestically produced non-durable consumer products in Japan.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key leading indicator of inflation and economic conditions, providing insight into price pressures at the producer level.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Japanese producers and manufacturers.
Q: How is this trend used in economic policy?
A: The PPI for Non-Durable Consumer Goods is closely monitored by the Bank of Japan and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly, with typical release lags of a few weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan (PITGND02JPM661N), retrieved from FRED.