Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Portugal
Growth rate same period previous year, Monthly
PRTPIEAFD02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.03
Year-over-Year Change
268.80%
Date Range
1/1/1991 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' series measures the year-over-year change in the Producer Price Index for Final Demand. This index is a key indicator of producer inflation and price pressures in the U.S. economy.
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 for Final Demand tracks the prices received by domestic producers for their output. This metric is closely watched by economists and policymakers as an early indicator of potential consumer price inflation.
Methodology
The data is collected through monthly surveys of a representative sample of producers.
Historical Context
The PPI is used to inform Federal Reserve monetary policy and business investment decisions.
Key Facts
- The PPI covers nearly 75% of the U.S. economy.
- PPI data is released monthly by the Bureau of Labor Statistics.
- The PPI is calculated as a weighted average of prices received by domestic producers.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' series measures the year-over-year change in the Producer Price Index for Final Demand, a key indicator of producer inflation in the U.S.
Q: Why is this trend relevant for users or analysts?
A: The PPI is an important leading indicator that provides insight into price pressures faced by producers, which can feed through to consumer prices over time.
Q: How is this data collected or calculated?
A: The PPI data is collected through monthly surveys of a representative sample of domestic producers.
Q: How is this trend used in economic policy?
A: The PPI is closely monitored by the Federal Reserve and other policymakers to help inform monetary policy decisions and assess the inflation outlook.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the Bureau of Labor Statistics with a typical lag of around 2 weeks.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Portugal
PRTCPHP0404IXOBM
Percentage of Foreign Bank Assets Among Total Bank Assets for Portugal
DDOI14PTA156NWDB
People 15 Years and Over Saving at a Financial Institution in the Past Year for Portugal
DDAI06PTA156NWDB
Central Bank Assets to GDP for Portugal
DDDI06PTA156NWDB
Consumer Price Index: Harmonized Prices: Communication (COICOP 08): Total for Portugal
PRTCPHP0800GPM
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for Portugal
PRTB6CATT00CXCUQ
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (PRTPIEAFD02GYM), retrieved from FRED.