Producer Prices Index: Investments Goods: Total for the European Union
PITGVG01EUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.83
Year-over-Year Change
2.67%
Date Range
1/1/2000 - 4/1/2020
Summary
The Producer Prices Index for Investment Goods tracks changes in wholesale prices paid by European Union producers for capital equipment, machinery, and other investment items. This metric is a leading indicator of inflationary pressures and business investment.
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 Prices Index for Investment Goods measures the wholesale prices paid by EU producers for a basket of capital goods, including machinery, equipment, and other fixed assets used for investment. This index is a key economic indicator that provides insight into input costs, producer pricing power, and investment trends.
Methodology
The data is collected through surveys of European Union producers and calculated as a weighted index.
Historical Context
Policymakers and analysts use this index to assess inflationary risks, business confidence, and the economic outlook.
Key Facts
- The index has a base year of 2015 = 100.
- Investment goods account for around 40% of total producer prices in the EU.
- The index is released monthly by the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Investment Goods tracks changes in wholesale prices paid by European Union producers for capital equipment, machinery, and other investment items.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures, business investment, and the overall economic climate in the European Union.
Q: How is this data collected or calculated?
A: The data is collected through surveys of European Union producers and calculated as a weighted index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary risks, business confidence, and the economic outlook for the European Union.
Q: Are there update delays or limitations?
A: The index is released monthly by the European Central Bank with no major delays or limitations.
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Citation
U.S. Federal Reserve, Producer Prices Index: Investments Goods: Total for the European Union (PITGVG01EUQ661N), retrieved from FRED.