Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal
PRTPPDMMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.40
Year-over-Year Change
17.13%
Date Range
1/1/1982 - 12/1/2022
Summary
The Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal measures the changes in prices received by domestic manufacturers in Portugal. This key economic indicator provides insights into inflationary pressures and production costs.
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 Prices Index (PPI) tracks the wholesale prices of goods and services produced in a country. The domestic manufacturing PPI for Portugal specifically monitors price changes at the factory gate for domestically produced manufactured products. This measure is used to analyze production-side inflation and inform economic policy decisions.
Methodology
The data is collected through surveys of manufacturing establishments in Portugal and calculated by the country's statistical agency.
Historical Context
The PPI is a leading indicator watched closely by policymakers, central banks, and market analysts to assess domestic economic conditions.
Key Facts
- Measures price changes for domestically produced manufactured goods in Portugal.
- Published monthly by the Portuguese statistical agency.
- Considered a leading indicator of production-side inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal measures the changes in prices received by domestic manufacturers in the country.
Q: Why is this trend relevant for users or analysts?
A: This PPI measure provides insights into inflationary pressures and production costs, making it a key indicator watched by policymakers, central banks, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments in Portugal and calculated by the country's statistical agency.
Q: How is this trend used in economic policy?
A: The domestic manufacturing PPI is used to analyze production-side inflation and inform economic policy decisions by policymakers and central banks.
Q: Are there update delays or limitations?
A: The PPI data is published monthly, with some potential delays in data reporting from the source.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Manufacturing: Domestic for Portugal (PRTPPDMMINMEI), retrieved from FRED.