National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Czech Republic
Index 2015=100, Quarterly
NAEXKP02CZQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.60
Year-over-Year Change
-1.84%
Date Range
1/1/1996 - 7/1/2023
Summary
The Index 2015=100, Quarterly trend measures the real effective exchange rate of the U.S. dollar, which is an important indicator of international competitiveness and trade dynamics.
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 real effective exchange rate (REER) index tracks the value of the U.S. dollar relative to a basket of major trading partner currencies, adjusted for inflation. It provides insight into the international purchasing power and trade position of the United States.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Historical Context
Economists and policymakers closely monitor the REER to assess the trade and economic impacts of dollar valuation.
Key Facts
- The index is set to 100 in 2015 as the base year.
- A higher index value indicates a stronger U.S. dollar relative to trading partners.
- Fluctuations in the REER can impact U.S. exports, imports, and overall trade balance.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly trend measures the real effective exchange rate (REER) of the U.S. dollar, which tracks the dollar's value relative to a basket of major trading partner currencies.
Q: Why is this trend relevant for users or analysts?
A: The REER is an important indicator of the U.S. dollar's international purchasing power and trade competitiveness, which has broad implications for the economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the REER index based on exchange rates and consumer price indexes for the U.S. and its major trading partners.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the REER to assess the trade and economic impacts of dollar valuation, which can inform decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The REER data is published quarterly with a short lag, providing timely insights on the dollar's relative position, though it may not capture very recent exchange rate movements.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP02CZQ661S), retrieved from FRED.