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Index 2015=100

CRINAEXKP04IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

120.63

Year-over-Year Change

23.90%

Date Range

1/1/1991 - 7/1/2023

Summary

The Index 2015=100 measures the inflation-adjusted exchange rate of the Chinese renminbi against a basket of global currencies. This metric is critical for assessing China's international trade competitiveness and currency valuation.

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 Index 2015=100 is an exchange rate index that tracks the value of the Chinese renminbi relative to a trade-weighted basket of foreign currencies. It provides a comprehensive gauge of the renminbi's purchasing power and trade dynamics compared to major trading partners.

Methodology

The data is calculated by the U.S. Federal Reserve based on exchange rate and inflation data.

Historical Context

Policymakers and analysts monitor this index to evaluate China's exchange rate policy and its impact on the global economy.

Key Facts

  • The base year for the index is 2015.
  • Values above 100 indicate the renminbi has appreciated in real terms.
  • The index reached a high of 125.7 in 2015.

FAQs

Q: What does this economic trend measure?

A: The Index 2015=100 measures the inflation-adjusted, trade-weighted exchange rate of the Chinese renminbi against a basket of global currencies.

Q: Why is this trend relevant for users or analysts?

A: This index is a critical indicator of China's international trade competitiveness and the valuation of its currency, which has important implications for global economic dynamics.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on exchange rate and inflation data.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this index to evaluate China's exchange rate policy and its impact on the global economy.

Q: Are there update delays or limitations?

A: The index is updated regularly by the Federal Reserve with minimal delay, providing timely insights into China's exchange rate dynamics.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100 (CRINAEXKP04IXOBSAQ), retrieved from FRED.