Producer Prices Index: Type of Goods: Investments Goods: Total for Czech Republic
Index 2015=100, Monthly
PITGVG01CZM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.20
Year-over-Year Change
4.02%
Date Range
1/1/2000 - 11/1/2022
Summary
The Producer Price Index (PPI) for Total Gross Vehicle and Gross Vehicle and Trailer Manufacturing tracks changes in the prices received by domestic producers for their output. This index is a key economic indicator for inflation and production trends.
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 Total Gross Vehicle and Gross Vehicle and Trailer Manufacturing is a monthly economic indicator that measures the average change in selling prices received by domestic producers for their output. It is used to assess inflationary pressures and production levels in the motor vehicle manufacturing industry.
Methodology
The data is collected through surveys of domestic producers and calculated as a weighted average of price changes.
Historical Context
The PPI is closely monitored by policymakers, economists, and market analysts to gauge overall economic conditions and price dynamics.
Key Facts
- The PPI is based on over 100,000 price quotes per month.
- The index has a base year of 2015 = 100.
- The PPI excludes imports and focuses on domestic production.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index (PPI) for Total Gross Vehicle and Gross Vehicle and Trailer Manufacturing measures the average change in selling prices received by domestic producers for their output in the motor vehicle manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of inflationary pressures and production levels in the motor vehicle manufacturing sector, which is an important part of the broader economy. It provides insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated as a weighted average of price changes.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the Federal Reserve and other policymakers to assess overall economic conditions and inflationary pressures, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the U.S. Bureau of Labor Statistics with a typical lag of around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Producer Price Index: Total Gross Vehicle and Gross Vehicle and Trailer Manufacturing (PITGVG01CZM661N), retrieved from FRED.