Producer Prices Index: Type of Goods: Investments Goods: Domestic for Czech Republic
PITGVG02CZM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.50
Year-over-Year Change
6.37%
Date Range
1/1/1994 - 12/1/2022
Summary
The Producer Prices Index: Type of Goods: Investments Goods: Domestic for Czech Republic measures price changes for investment goods produced and sold within the Czech Republic.
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
This index tracks the wholesale prices of capital equipment, machinery, and other investment goods manufactured and sold domestically in the Czech Republic. It is a key indicator of inflationary pressures and a barometer for the investment climate.
Methodology
The data is collected through surveys of domestic producers and calculated as a weighted average of price changes.
Historical Context
Policymakers and analysts use this index to assess investment trends and make informed decisions about monetary and fiscal policies.
Key Facts
- The index has a base year of 2015 = 100.
- Prices are measured at the wholesale level, before retail markup.
- Investment goods account for a significant portion of the Czech economy.
FAQs
Q: What does this economic trend measure?
A: This index measures the wholesale prices of investment goods produced and sold within the Czech Republic, providing insight into inflationary pressures and the investment climate.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for policymakers and investors to assess domestic investment conditions and make informed decisions about monetary and fiscal policies.
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: Policymakers and analysts use this index to evaluate investment trends and inflationary pressures, informing decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Investments Goods: Domestic for Czech Republic (PITGVG02CZM661N), retrieved from FRED.