Financial Market: Real Effective Exchange Rates: CPI Based for Switzerland
Annual
CCRETT01CHA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.14
Year-over-Year Change
5.57%
Date Range
1/1/1970 - 1/1/2024
Summary
The Annual trend measures the annual change in the growth rate of real per capita consumption in China. This metric is a key indicator of consumer spending and economic growth.
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 Annual trend tracks the year-over-year percentage change in real per capita consumption in China. It provides insights into the pace of economic expansion and the strength of consumer demand, which are important for policymakers and market analysts.
Methodology
The data is calculated by the U.S. Federal Reserve based on consumption and population statistics from Chinese government sources.
Historical Context
This metric is closely watched by economists and investors to gauge the health of the Chinese economy.
Key Facts
- China is the world's second-largest economy.
- Consumer spending accounts for over 50% of China's GDP.
- The Annual trend has averaged 7.5% growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in real per capita consumption in China.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend provides important insights into the strength of consumer demand and the pace of economic expansion in China, which are key factors for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on consumption and population statistics from Chinese government sources.
Q: How is this trend used in economic policy?
A: This metric is closely watched by economists and policymakers to gauge the health of the Chinese economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a short delay, and may be subject to revisions by the source.
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Citation
U.S. Federal Reserve, Annual (CCRETT01CHA661N), retrieved from FRED.