Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Portugal
Growth rate previous period, Monthly
PRTPIEATI02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.21
Year-over-Year Change
-278.09%
Date Range
2/1/1990 - 12/1/2022
Summary
The Growth Rate Previous Period, Monthly measures the month-over-month change in the Purchasing Managers' Index (PMI), a leading indicator of economic health and manufacturing activity.
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 PMI is a composite index calculated from components like new orders, production, employment, and supplier deliveries. This series tracks the monthly growth rate of the PMI, providing insight into the direction and momentum of the manufacturing sector.
Methodology
The PMI data is collected through a monthly survey of purchasing and supply chain executives.
Historical Context
The PMI growth rate is closely monitored by economists, policymakers, and market analysts to assess the broader economic outlook.
Key Facts
- The PMI measures the health of the manufacturing sector.
- A reading above 50 indicates expansion, while below 50 indicates contraction.
- The PMI growth rate is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly measures the month-over-month change in the Purchasing Managers' Index (PMI), a key indicator of manufacturing activity and economic health.
Q: Why is this trend relevant for users or analysts?
A: The PMI growth rate is closely watched by economists, policymakers, and market participants as a leading indicator of the direction and momentum of the manufacturing sector and the broader economy.
Q: How is this data collected or calculated?
A: The PMI data is collected through a monthly survey of purchasing and supply chain executives.
Q: How is this trend used in economic policy?
A: The PMI growth rate is used by policymakers, central banks, and analysts to assess the economic outlook and inform policy decisions.
Q: Are there update delays or limitations?
A: The PMI growth rate data is released monthly with a short delay, and may be subject to revisions based on updated survey responses.
Related Trends
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Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Portugal
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Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for Portugal
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International Merchandise Trade Statistics: Exports: Commodities for Portugal
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Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Portugal
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (PRTPIEATI02GPM), retrieved from FRED.