Producer Prices Index: Domestic Investments Goods for the European Union
PITGVG02EUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.20
Year-over-Year Change
1.15%
Date Range
1/1/1995 - 6/1/2020
Summary
The Producer Prices Index for Domestic Investment Goods measures wholesale price changes for capital equipment, machinery, and other investment products in the European Union. It is a key indicator of inflation and investment trends in the region.
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 Domestic Investment Goods tracks price changes of a broad basket of capital goods and investment products sold domestically within the European Union. It is used by policymakers, economists, and investors to gauge production costs and investment dynamics.
Methodology
Data is collected through surveys of EU businesses and calculated using a Laspeyres formula.
Historical Context
This index provides insight into the inflationary pressures and investment climate within the EU single market.
Key Facts
- The index uses 2015 as its base year.
- It covers over 20 different investment product categories.
- Prices are collected from a sample of over 8,000 companies across the EU.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Domestic Investment Goods measures wholesale price changes for capital equipment, machinery, and other investment products sold within the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into inflationary pressures and investment dynamics within the EU economy, which is crucial information for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of EU businesses and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: This index is closely monitored by the European Central Bank and other policymakers to gauge investment conditions and inflationary risks within the EU single market.
Q: Are there update delays or limitations?
A: The index is updated monthly, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Producer Prices Index: Domestic Investments Goods for the European Union (PITGVG02EUM661N), retrieved from FRED.