Gross Domestic Product by Expenditure in Constant Prices: Exports of Goods and Services for the European Union
Index 2015=100, Annual, Not Seasonally Adjusted
NAEXKP06EUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.16
Year-over-Year Change
41.81%
Date Range
1/1/1995 - 1/1/2019
Summary
The Index 2015=100, Annual, Not Seasonally Adjusted trend measures the change in export prices of capital goods for the European Union. This data provides insights into international trade dynamics and the competitiveness of the European export sector.
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 index tracks the annual change in export prices for capital goods produced in the European Union. It is a key indicator of the price competitiveness of EU exports, which is crucial for economic growth and trade policy analysis.
Methodology
The data is collected through surveys of European manufacturers and calculated as an index with a base year of 2015.
Historical Context
Policymakers and analysts use this index to monitor the EU's export performance and price competitiveness in global markets.
Key Facts
- The index base year is 2015.
- The data is reported annually and not seasonally adjusted.
- The trend measures capital goods exports from the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual change in export prices for capital goods produced in the European Union. It is an index that tracks the price competitiveness of EU exports.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the international trade dynamics and price competitiveness of the European export sector, which is crucial for economic growth and trade policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of European manufacturers and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the EU's export performance and price competitiveness in global markets, which informs trade policies and strategies.
Q: Are there update delays or limitations?
A: The data is reported annually and is not seasonally adjusted, which may limit its usefulness for short-term analysis.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (NAEXKP06EUA661S), retrieved from FRED.