Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Sweden
SWEPIEAMI02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.72
Year-over-Year Change
-526.97%
Date Range
4/1/1990 - 10/1/2022
Summary
The Producer Prices Index for Mining and Quarrying Activities in Sweden measures changes in the domestic prices received by producers in the mining and quarrying industry. It is an important indicator of inflationary pressures and economic conditions in the Swedish industrial sector.
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) for Mining and Quarrying Activities in Sweden tracks the price development of goods and services produced and sold by mining and quarrying companies within the country. It serves as a gauge of input costs and pricing power in this key industrial segment of the Swedish economy.
Methodology
The data is collected through surveys of Swedish mining and quarrying producers and calculated by Statistics Sweden.
Historical Context
The PPI for Mining and Quarrying is closely monitored by policymakers, economists, and market analysts to assess overall economic trends and inflationary dynamics.
Key Facts
- The base year for the index is 2015 = 100.
- Mining and quarrying account for about 1% of Sweden's GDP.
- Prices are reported at the economic activity level.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Mining and Quarrying Activities in Sweden measures changes in the domestic prices received by producers in the mining and quarrying industry.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Mining and Quarrying is an important indicator of inflationary pressures and economic conditions in the Swedish industrial sector, closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish mining and quarrying producers and calculated by Statistics Sweden.
Q: How is this trend used in economic policy?
A: The PPI for Mining and Quarrying is used by policymakers, economists, and market analysts to assess overall economic trends and inflationary dynamics in Sweden.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around 30 days.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Sweden (SWEPIEAMI02GPQ), retrieved from FRED.