Production: Manufacturing: Investment Goods: Total for Portugal
Monthly, Not Seasonally Adjusted
PRTPRMNVG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.37
Year-over-Year Change
-3.29%
Date Range
1/1/1985 - 11/1/2023
Summary
This trend measures the Producer Price Index (PPI) for total manufacturing, excluding food and energy. The PPI is a key indicator of inflationary 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 (PPI) measures the average change in selling prices received by domestic producers for their output. The PPI for total manufacturing, excluding food and energy, provides insight into underlying price trends for core industrial goods.
Methodology
The PPI data is collected through surveys of producers across various industries.
Historical Context
The PPI is closely watched by the Federal Reserve and other policymakers for clues on inflationary pressures.
Key Facts
- The PPI excludes food and energy to focus on core industrial price trends.
- PPI data is published monthly by the U.S. Bureau of Labor Statistics.
- The PPI is a leading indicator of consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Producer Price Index (PPI) for total manufacturing, excluding food and energy products. The PPI tracks average changes in selling prices received by domestic producers.
Q: Why is this trend relevant for users or analysts?
A: The PPI for manufacturing is a key indicator of inflationary pressures in the economy. It provides insight into underlying price trends for core industrial goods, which is closely watched by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The PPI data is collected through monthly surveys of producers across various industries by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor the PPI as an indicator of inflationary pressures, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a short lag, providing timely insight into producer price trends.
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Citation
U.S. Federal Reserve, Producer Price Index: Total Manufacturing Excluding Food and Energy (PRTPRMNVG01IXOBM), retrieved from FRED.