Producer Prices Index: Type of Goods: Investments Goods: Domestic for Luxembourg
Index 2015=100, Annual
PITGVG02LUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.74
Year-over-Year Change
14.70%
Date Range
1/1/1980 - 1/1/2022
Summary
The Index 2015=100, Annual series measures the annual change in producer prices for the U.S. grain and oilseed milling industry. This trend is a key indicator of inflation and cost pressures faced by producers and consumers.
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 Index 2015=100, Annual series tracks the producer price index (PPI) for the grain and oilseed milling industry. The PPI measures the average change over time in the selling prices received by domestic producers for their output. This series provides insight into cost and pricing dynamics for a critical agricultural processing sector.
Methodology
The data is collected through monthly surveys of producer establishments in the U.S. grain and oilseed milling industry.
Historical Context
Policymakers and market analysts use this PPI data to assess inflationary pressures and the health of the agricultural processing industry.
Key Facts
- The series has a base year of 2015.
- Annual percentage changes are reported.
- Data is available from 1982 to present.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual series measures the year-over-year change in producer prices for the U.S. grain and oilseed milling industry.
Q: Why is this trend relevant for users or analysts?
A: This PPI data provides insight into cost and pricing pressures facing agricultural processors, which is useful for policymakers and market participants in assessing broader economic and inflationary conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of producer establishments in the U.S. grain and oilseed milling industry.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this PPI data to monitor inflationary pressures and the health of the agricultural processing sector, which informs decision-making on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Index 2015=100, Annual data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGVG02LUA661N), retrieved from FRED.