Producer Prices Index: Type of Goods: Investments Goods: Domestic for Hungary
Index 2015=100, Quarterly
PITGVG02HUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.11
Year-over-Year Change
23.76%
Date Range
1/1/1998 - 10/1/2022
Summary
The Producer Price Index for total goods, quarterly, measures changes in wholesale prices for a range of producer goods. This metric provides insights into inflationary pressures and producer-level pricing dynamics.
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 Price Index (PPI) for total goods, quarterly, tracks changes in the average selling prices received by domestic producers for their output. It is a key economic indicator used to analyze trends in business-to-business and producer-level pricing.
Methodology
The U.S. Bureau of Labor Statistics collects this data through surveys of domestic producers across various industries.
Historical Context
The PPI for total goods is closely monitored by policymakers, analysts, and businesses to gauge inflationary pressures and producer-level price movements.
Key Facts
- The PPI for total goods is measured on a 2015=100 basis.
- It tracks prices at the producer or wholesale level, before reaching consumers.
- The quarterly frequency provides a timely indicator of producer price trends.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index for total goods, quarterly, measures changes in the average selling prices received by domestic producers for their products and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI for total goods is a key indicator of inflationary pressures and producer-level pricing dynamics, providing insights that are useful for businesses, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of domestic producers across various industries.
Q: How is this trend used in economic policy?
A: The PPI for total goods is closely monitored by the Federal Reserve and other policymakers as an input for monetary policy decisions and assessments of inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The PPI for total goods is released on a quarterly basis, with a relatively short publication lag, making it a timely indicator of producer-level price movements.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGVG02HUQ661N), retrieved from FRED.