Total Manufacturing Production for the European Union
Index 2015=100, Annual, Not Seasonally Adjusted
PRMNTO01EUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.76
Year-over-Year Change
1.15%
Date Range
1/1/1990 - 1/1/2019
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted trend measures the production and supply of manufactured goods in the Eurozone. It provides valuable insights into the overall health and activity of the Eurozone's manufacturing sector.
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 changes in the volume of industrial production for the Eurozone, using 2015 as the base year. It is a key indicator of economic activity and is closely monitored by policymakers, economists, and market participants to assess the strength and trajectory of the Eurozone's manufacturing industry.
Methodology
The data is collected through surveys of manufacturing firms across the Eurozone and then aggregated and adjusted to calculate the final index value.
Historical Context
The Eurozone manufacturing index is widely used to inform economic policy decisions and understand broader market trends.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers the Eurozone, which includes 19 of the 27 European Union member states.
- The index is released on a monthly basis by the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual, Not Seasonally Adjusted trend measures the volume of industrial production in the Eurozone, providing insights into the overall health and activity of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic activity in the Eurozone and is closely monitored by policymakers, economists, and market participants to assess the strength and trajectory of the region's manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms across the Eurozone and then aggregated and adjusted to calculate the final index value.
Q: How is this trend used in economic policy?
A: The Eurozone manufacturing index is widely used to inform economic policy decisions and understand broader market trends in the region.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis by the European Central Bank, with minimal update delays.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (PRMNTO01EUA661S), retrieved from FRED.