--- name: "markets_prices" area: "markets" title: "Track an industry's prices and costs" price: "$0.02" method: "POST" url: "https://api.conecto.chat/v1/tools/markets_prices" mcp_server: "https://api.conecto.chat/mcp/markets" auth: "Authorization: Bearer " docs_url: "https://conecto.chat/tools/markets/markets_prices" --- # Track an industry's prices and costs (`markets_prices`) Producer, import, labour cost or electricity price indices for an industry by country and month, with the change on a year, and BLS series for the US. Price indices for an industry's selling prices and costs, by country and month: producer prices or import prices by NACE code, the labour cost index for its NACE section (quarterly), or electricity prices for businesses (half-yearly), from Eurostat; and US series from the BLS by series id. Each series with its values, the latest, the change on a year (a decimal: 0.021 is 2.1%), the base year and the unit. Nothing is charged when no figures come back. Price: $0.02 a call. A call that fails costs nothing. ## Use it when To check whether an industry's costs rise faster than its selling prices, or to adjust a price in a contract to an index. - For how big a market is, use [markets_size](https://conecto.chat/tools/markets/markets_size.md). ## Say this to your agent > Have selling prices for kitchen machinery gone up in Germany this year, and by how much compared with the US? ## Inputs | Name | Type | Required | Description | Allowed values | Default | |---|---|---|---|---|---| | `industry` | string | no | A NACE Rev. 2 code: a section (C), division (28), group (28.9) or class (28.93). companies_get shows a company's. Not needed for energy. 1 to 12 characters. | | | | `measure` | string | no | producer: selling prices at home; import: prices of imports; labour_cost: the labour cost index; energy: electricity prices. | `"producer"`, `"import"`, `"labour_cost"`, `"energy"` | `"producer"` | | `countries` | array of strings | no | Two-letter codes (DE, FR, NO...) and EU27_2020 for the whole EU; GB says what the UK publishes. EU27_2020 when left out. Up to 12 items. | | | | `months` | integer | no | How many recent months to show. 1 to 120. | | `24` | | `bls_series` | array of strings | no | US series ids from the BLS, e.g. PCU333310333310 (producer prices of NAICS 333310). Up to 5 items. | | | ## Example Written for Hansen & Voss, a restaurant-equipment wholesaler in Hamburg with 60 staff. MCP: call `markets_prices` on the MCP server `https://api.conecto.chat/mcp/markets` with these arguments: ```json { "industry": "28.93", "measure": "producer", "countries": [ "DE", "EU27_2020" ], "months": 12, "bls_series": [ "PCU333310333310" ] } ``` REST: ```bash curl https://api.conecto.chat/v1/tools/markets_prices \ -H "Authorization: Bearer $CONECTO_KEY" \ -H "Content-Type: application/json" \ -d '{"industry": "28.93", "measure": "producer", "countries": ["DE", "EU27_2020"], "months": 12, "bls_series": ["PCU333310333310"]}' ``` ## Response ```json { "call_id": "5f0c8a2e-3b7d-4c1e-9a64-2d8e1f7b0c93", "tool": "markets_prices", "status": "succeeded", "replayed": false, "cost_usd": "$0.02", "balance_usd": "$19.75", "result": { "measure": "producer", "industry": { "scheme": "NACE Rev. 2", "code": "28.93", "label": "Manufacture of machinery for food, beverage and tobacco processing" }, "series": [ { "country": "DE", "name": "Germany", "industry": { "code": "28.93", "label": "Manufacture of machinery for food, beverage and tobacco processing" }, "unit": "index, 2021 = 100", "base_year": 2021, "frequency": "monthly", "adjustment": "not adjusted", "values": [ { "period": "2025-10", "value": 122.6 }, { "period": "2025-11", "value": 122.6 } ], "latest": { "period": "2026-09", "value": 124.2 }, "change_on_year": 0.013051, "year_before": { "period": "2025-09", "value": 122.6 } }, { "country": "EU27_2020", "name": "European Union (27 countries)", "industry": { "code": "28.93", "label": "Manufacture of machinery for food, beverage and tobacco processing" }, "unit": "index, 2021 = 100", "base_year": 2021, "frequency": "monthly", "adjustment": "not adjusted", "values": [ { "period": "2025-09", "value": 119.9, "flag": "value imputed by Eurostat or other receiving agencies" }, { "period": "2025-10", "value": 119.9, "flag": "value imputed by Eurostat or other receiving agencies" } ], "latest": { "period": "2026-08", "value": 123.3, "flag": "value imputed by Eurostat or other receiving agencies" }, "change_on_year": 0.032663, "year_before": { "period": "2025-08", "value": 119.4, "flag": "value imputed by Eurostat or other receiving agencies" } } ], "us": [ { "series_id": "PCU333310333310", "url": "https://data.bls.gov/timeseries/PCU333310333310", "unit": "as the BLS publishes the series; a price index is on the base period the BLS sets", "base_year": null, "frequency": "monthly", "values": [ { "period": "2025-10", "value": 148.962 }, { "period": "2025-11", "value": 148.906 } ], "latest": { "period": "2026-09", "value": 152.072, "flag": "preliminary" }, "change_on_year": 0.026806, "year_before": { "period": "2025-09", "value": 148.102 } } ], "sources": [ { "name": "Eurostat, producer prices in industry, domestic market (monthly)", "dataset": "sts_inppd_m", "url": "https://ec.europa.eu/eurostat/databrowser/view/sts_inppd_m/default/table?lang=en", "license": "Reuse allowed, commercial too, with Eurostat named as the source", "license_url": "https://ec.europa.eu/eurostat/help/copyright-notice" }, { "name": "US Bureau of Labor Statistics, Public Data API", "dataset": "timeseries", "url": "https://data.bls.gov/timeseries/PCU333310333310", "license": "Public domain (US government work); the BLS asks to be named as the source", "license_url": "https://www.bls.gov/opub/copyright-information.htm" } ], "notes": [ "Domestic producer prices: what the industry's makers are paid for what they sell at home.", "The BLS sets each series' base period; the series' page (url) names it." ] } } ``` `result`: measure, industry, series (country, name, industry: the code used, unit, base_year, frequency, adjustment, values: period, value and flag, latest, change_on_year as a decimal, year_before; or a note), us with bls_series (series_id, url, frequency, values, latest, change_on_year, year_before, or a note), sources and notes. ## Errors | Code | Status | When | Fix | |---|---|---|---| | `invalid_input` | 400 | No industry for producer, import or labour cost prices, an industry that isn't a NACE Rev. 2 code, or neither countries nor bls_series. | Send a NACE code like 28.93, or measure energy, which needs none. | | `unavailable` | 503 | Eurostat, or the only other office asked, didn't answer. | Try again in a minute. | The refusals every tool can give (401 key, 402 balance, 429 limits) are on the errors page: https://conecto.chat/docs/errors.md ## Related - [markets_size](https://conecto.chat/tools/markets/markets_size.md): An industry's turnover, value added, enterprises and persons employed by country and year from Eurostat, and the US's from the 2022 Economic Census. $0.02 a call. - [markets_products](https://conecto.chat/tools/markets/markets_products.md): A product's sold production from PRODCOM and its imports and exports by CN code, by country and year, with the EU27's apparent consumption. $0.02 a call.