Production: Mining: Total for Sweden
Index Eurostat base, Monthly, Not Seasonally Adjusted
SWEPRMITO01IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.30
Year-over-Year Change
26.41%
Date Range
1/1/2000 - 10/1/2023
Summary
The Eurostat-based index measures Sweden's producer price index for manufacturing on a monthly basis, without seasonal adjustments. This key economic indicator provides insight into price dynamics 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 Eurostat-based producer price index (PPI) for manufacturing in Sweden tracks changes in factory-gate prices of goods and services produced by Swedish manufacturers. This index is used to analyze inflationary pressures and the competitiveness of Swedish industrial production.
Methodology
The data is collected through surveys of Swedish manufacturing companies and compiled by Eurostat.
Historical Context
Policymakers and analysts monitor this PPI data to assess the health of the Swedish economy and inform economic policy decisions.
Key Facts
- The index uses 2015 as the base year.
- The PPI covers approximately 99% of the Swedish manufacturing sector.
- Sweden's PPI reached a record high in 2022 amid global supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: The Eurostat-based producer price index (PPI) for manufacturing in Sweden tracks changes in factory-gate prices of goods and services produced by Swedish manufacturers.
Q: Why is this trend relevant for users or analysts?
A: This PPI data provides insights into inflationary pressures and the competitiveness of Swedish industrial production, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish manufacturing companies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this PPI data to assess the health of the Swedish economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Not Seasonally Adjusted (SWEPRMITO01IXEBM), retrieved from FRED.