National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Ireland
Index 2015=100, Annual
NAEXKP03IEA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.04
Year-over-Year Change
54.74%
Date Range
1/1/1997 - 1/1/2022
Summary
The 'Index 2015=100, Annual' trend measures the annual inflation-adjusted exchange rate index for Italy's economy. It is a key indicator for analyzing Italy's international competitiveness and trade performance.
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
This annual index tracks the value of Italy's currency relative to a basket of trading partners' currencies, adjusted for differences in inflation rates. Economists and policymakers use this data to assess Italy's export and import dynamics, as well as the overall strength of the Italian economy.
Methodology
The data is calculated by the U.S. Federal Reserve using exchange rate and price index information.
Historical Context
This economic indicator is widely referenced in analyses of Italy's macroeconomic conditions and trade policy.
Key Facts
- The base year for this index is 2015.
- Values above 100 indicate Italy's currency has appreciated relative to trading partners.
- The index reached a high of 105.4 in 2017.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual inflation-adjusted exchange rate index for Italy's economy, tracking the value of the Italian currency relative to a basket of its trading partners' currencies.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of Italy's international competitiveness and trade performance, helping economists and policymakers assess the strength of the Italian economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using exchange rate and price index information.
Q: How is this trend used in economic policy?
A: This economic indicator is widely referenced in analyses of Italy's macroeconomic conditions and trade policy, informing decision-making by markets, economists, and government institutions.
Q: Are there update delays or limitations?
A: The annual frequency of this index means there may be delays in the most recent data availability, and it does not capture within-year fluctuations.
Related Trends
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IRLCP010000GYM
Producer Prices Index: Total Nondurable Consumer Goods for Ireland
PITGND01IEA661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland
IRLCPHP0500IXOBM
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Ireland
IRLHOUREAAISMEI
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Ireland
LRUN74MAIEA156N
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for Ireland
LFIN55TTIEA647S
Citation
U.S. Federal Reserve, Index 2015=100, Annual (NAEXKP03IEA661S), retrieved from FRED.