Wholesale Prices: Industry Aggregates: Manufactured Products: Total for India
Index 2015=100, Annual
WPIAMP01INA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.07
Year-over-Year Change
50.66%
Date Range
1/1/1995 - 1/1/2021
Summary
The Annual Producer Price Index (PPI) for Agricultural Machinery and Equipment measures the change in wholesale prices for a basket of agricultural machinery and equipment products over time. This index is a key indicator of inflationary pressures and price trends in the U.S. agricultural equipment manufacturing 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 PPI for Agricultural Machinery and Equipment is a monthly economic indicator published by the U.S. Bureau of Labor Statistics. It tracks changes in the wholesale prices received by domestic producers of agricultural machinery and equipment, providing insights into cost and pricing dynamics in this important industrial sector.
Methodology
The index is calculated based on a survey of producer price data for a representative sample of agricultural machinery and equipment products.
Historical Context
The PPI for Agricultural Machinery and Equipment is closely monitored by policymakers, economists, and industry analysts to assess inflationary pressures and competitiveness in the U.S. farm equipment market.
Key Facts
- The index has a base year of 2015=100.
- Prices are measured at the wholesale or producer level.
- The index tracks a basket of agricultural equipment products.
FAQs
Q: What does this economic trend measure?
A: The Annual Producer Price Index (PPI) for Agricultural Machinery and Equipment measures changes in the wholesale prices received by domestic producers of a representative basket of agricultural machinery and equipment products.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into cost and pricing dynamics in the U.S. agricultural equipment manufacturing sector, which is closely watched by policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The index is calculated based on a survey of producer price data for a representative sample of agricultural machinery and equipment products.
Q: How is this trend used in economic policy?
A: The PPI for Agricultural Machinery and Equipment is closely monitored by policymakers, economists, and industry analysts to assess inflationary pressures and competitiveness in the U.S. farm equipment market.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and the index may not capture all pricing dynamics in the diverse agricultural equipment industry.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (WPIAMP01INA661N), retrieved from FRED.