Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) (PPIFCG)
Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) — Historical Chart
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Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) (FRED series PPIFCG) is a monthly economic indicator measured in index 1982=100. The series is published through FRED, the Federal Reserve Bank of St. Louis economic database, with history going back to 1947. Values are seasonally adjusted, smoothing out predictable calendar effects so that underlying trends are easier to see.
Why it matters: Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) is one of the indicators traders, economists, and policymakers watch within the economic complex. Analysts use it to track conditions in the US economy and to anticipate shifts in growth, inflation, and policy.
How to read it: focus on the direction and persistence of changes rather than any single monthly print. Comparing the latest value against its level a year ago, and against its long-run range since 1947, gives a better sense of whether the series is signaling acceleration, deceleration, or a turning point.
About This Series
In January 2014, the Producer Price Index (PPI) transitioned from the Stage of Processing (SOP) aggregation system to the Final Demand-Intermediate Demand (FD-ID) aggregation system. Effective with the January 2016 Producer Price Index (PPI) data release in February 2016, PPI ceased the calculation and publication of the Stage of Processing (SOP) versions of these indexes. Going forward, data users wishing to track prices for finished goods, processed goods for intermediate demand (intermediate goods), unprocessed goods for intermediate demand (crude goods), or any of the former SOP-based component indexes will need to use the corresponding index codes from the Final Demand-Intermediate Demand (FD-ID) aggregation system. The FD-ID aggregation system webpage provides a table listing the SOP indexes and their concordant FD-ID indexes. https://www.bls.gov/ppi/fdidconcordance.htm The data series has transitioned from the Stage of Processing (SOP) aggregation system to the Final Demand-Intermediate Demand (FD-ID). All Stage of Processing (SOP) data series have been discontinued. Please see the replacement for the data series at: https://fred.stlouisfed.org/series/WPSFD49502
Frequently Asked Questions
What is Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) today?
The latest value of Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) (PPIFCG) is shown at the top of this page, along with its observation date and the change from the prior reading. Data is sourced from FRED and refreshed regularly.
How often is Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) updated?
Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) is reported monthly (Monthly). New observations appear on FRED shortly after the source agency releases them, and this page updates daily.
What does a rising Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) mean?
A sustained rise in Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) signals strengthening readings in this economic measure, in index 1982=100. Whether that is positive or negative for markets depends on context — compare the move against the series’ trend and related indicators in the same category.
Where does the PPIFCG data come from?
The data comes from FRED® (Federal Reserve Economic Data), maintained by the Federal Reserve Bank of St. Louis, under series ID PPIFCG. History is available back to 1947.
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Data sourced from FRED®, Federal Reserve Bank of St. Louis: Producer Price Index by Commodity for Finished Consumer Goods (DISCONTINUED) (PPIFCG). Retrieved from fred.stlouisfed.org. Last updated January 15, 2016.