Annual, Not Seasonally Adjusted
PRMNTO02SEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.99
Year-over-Year Change
1.77%
Date Range
1/1/1955 - 1/1/2013
Summary
This economic trend measures the annual, not seasonally adjusted value for the Federal Reserve's Postal and Courier Services Producer Price Index. It provides insights into price changes within the postal and courier services industry.
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 Postal and Courier Services Producer Price Index tracks the average change in prices received by domestic producers for their output. This metric is used by economists and policymakers to monitor inflationary pressures and industry performance.
Methodology
The data is collected through surveys of establishments within the postal and courier services sector.
Historical Context
Trends in this index offer insights into the cost dynamics facing businesses that rely on postal and courier services.
Key Facts
- The base year for this index is 1982.
- Postal and courier services represent about 1% of the total Producer Price Index.
- Prices for this sector have risen an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted changes in producer prices for the postal and courier services industry.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the cost dynamics facing businesses that rely on postal and courier services, which is relevant for monitoring industry performance and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments within the postal and courier services sector.
Q: How is this trend used in economic policy?
A: Trends in this index are used by economists and policymakers to monitor price changes in the postal and courier services industry, which can inform decisions related to transportation, logistics, and inflation management.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRMNTO02SEA661N), retrieved from FRED.