Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Portugal
Growth rate same period previous year, Quarterly
PRTPITGND02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.24
Year-over-Year Change
1015.32%
Date Range
1/1/1996 - 10/1/2022
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year percent change in the Producer Price Index for Total Manufacturing at a quarterly frequency. This indicator provides insights into producer inflation trends and is closely monitored by economists and policymakers.
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 series tracks the annual percent change in the Producer Price Index (PPI) for Total Manufacturing. The PPI measures the average change in selling prices received by domestic producers for their output. The quarterly growth rate compared to the same quarter in the prior year is a key indicator of producer price inflation.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics from surveys of domestic producers.
Historical Context
The growth rate in producer prices is a leading indicator used to assess overall inflationary pressures and monitor manufacturing sector health.
Key Facts
- The series has been published by the BLS since 1947.
- Producer prices typically lead consumer prices in the inflation cycle.
- Rapid producer price growth can signal impending consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: This series measures the year-over-year percent change in the Producer Price Index for Total Manufacturing at a quarterly frequency.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in producer prices is a leading indicator used to assess overall inflationary pressures and monitor the health of the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics from surveys of domestic producers.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this indicator to gauge producer inflation and its implications for consumer prices, monetary policy, and the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month lag from the reference period.
Related Trends
Internet users for Portugal
ITNETUSERP2PRT
Number of Identified Exporters to Portugal from California
CAPRTA475SCEN
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Portugal
IGDXESPTM086NEST
Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Portugal
CP0723PTM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Portugal
PRTCPIALLAINMEI
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for Portugal
LFIN25FEPTQ647N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PRTPITGND02GYQ), retrieved from FRED.