International Trade: Imports: Value (goods): Total for the European Union
National currency, monthly level, Quarterly, Seasonally Adjusted
EU28XTIMVA01NCMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,381,861,700,000.00
Year-over-Year Change
13.92%
Date Range
1/1/1999 - 10/1/2019
Summary
This economic trend measures the national currency, seasonally adjusted, on a monthly level and reported quarterly. It provides insights into the strength and stability of a country's currency, which is a key indicator for economists and policymakers.
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 national currency level is a fundamental economic indicator that reflects a country's monetary and fiscal policy, trade dynamics, and overall economic performance. Analysts and policymakers use this data to assess a nation's competitiveness, guide foreign exchange interventions, and inform macroeconomic decision-making.
Methodology
The data is collected and calculated by national statistical agencies and central banks.
Historical Context
Central banks and governments closely monitor national currency levels to inform monetary and trade policies.
Key Facts
- The national currency level is reported quarterly and seasonally adjusted.
- Currency strength is a key indicator of a country's economic performance and competitiveness.
- Central banks use national currency data to guide foreign exchange interventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the national currency level on a monthly basis, reported quarterly and seasonally adjusted.
Q: Why is this trend relevant for users or analysts?
A: The national currency level is a fundamental economic indicator that provides insights into a country's monetary policy, trade dynamics, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by national statistical agencies and central banks.
Q: How is this trend used in economic policy?
A: Central banks and governments closely monitor national currency levels to inform monetary and trade policies, guide foreign exchange interventions, and assess a nation's economic competitiveness.
Q: Are there update delays or limitations?
A: The data is reported quarterly and may be subject to revisions by the collecting agencies.
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Citation
U.S. Federal Reserve, National currency, monthly level, Quarterly, Seasonally Adjusted (EU28XTIMVA01NCMLSAQ), retrieved from FRED.