Producer Prices Index: Type of goods: Non durable consumer goods: Total for Sweden
SWEPITGND01GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.28
Year-over-Year Change
-135.57%
Date Range
1/1/1991 - 12/1/2020
Summary
The Producer Prices Index (PPI) for Non-Durable Consumer Goods in Sweden measures the wholesale price changes of non-durable consumer products. It is an important economic indicator for monitoring inflation and supply chain dynamics.
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 PPI for Non-Durable Consumer Goods in Sweden tracks the average change in prices received by domestic producers of non-durable consumer items. This data helps economists and policymakers understand cost pressures and price trends at the producer level.
Methodology
The Swedish statistical agency collects price data directly from producers to calculate this monthly PPI series.
Historical Context
The PPI for Non-Durable Goods is used to assess inflationary pressures and provide context for consumer price trends in Sweden.
Key Facts
- The PPI covers about 70% of the domestic production of non-durable consumer goods in Sweden.
- PPI data is released monthly, usually 3-4 weeks after the reference month.
- Producer prices tend to rise before consumer prices, making the PPI a leading indicator of inflation.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Non-Durable Consumer Goods in Sweden tracks the average change in wholesale prices received by domestic producers of non-durable consumer products.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Non-Durable Goods is an important leading indicator of inflation, providing insight into cost pressures and price trends at the producer level.
Q: How is this data collected or calculated?
A: The Swedish statistical agency collects price data directly from producers to calculate this monthly PPI series.
Q: How is this trend used in economic policy?
A: The PPI for Non-Durable Goods is used by economists and policymakers to assess inflationary pressures and provide context for consumer price trends in Sweden.
Q: Are there update delays or limitations?
A: The PPI data is released monthly, usually 3-4 weeks after the reference month.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of goods: Non durable consumer goods: Total for Sweden (SWEPITGND01GYM), retrieved from FRED.