Price Level of Exports for Central African Republic
PLXCPPCFA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
12.20%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Exports for Central African Republic measures the general price level of goods and services exported from the country. This metric is important for economists and policymakers to understand the country's export 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 Price Level of Exports is an index that tracks the average change in prices received by Central African Republic for its exported goods and services. It is used to assess the international price competitiveness of the country's exports and can provide insights into its trade balance and terms of trade.
Methodology
The data is collected by national statistical agencies and compiled by international organizations like the World Bank.
Historical Context
Trends in the price level of exports are closely monitored by policymakers to inform decisions around exchange rate, trade, and industrial policies.
Key Facts
- The base year for the price level index is 2010.
- Central African Republic's exports consist primarily of agricultural commodities and raw materials.
- The country's export prices have been volatile in recent years due to global market fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Central African Republic measures the general price level of goods and services exported from the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the country's export competitiveness and trade dynamics, which are key factors for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by international organizations like the World Bank.
Q: How is this trend used in economic policy?
A: Trends in the price level of exports are closely monitored by policymakers to inform decisions around exchange rate, trade, and industrial policies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the compiling agencies.
Related Trends
Price Level of Imports for Switzerland
PLMCPPCHA670NRUG
Price Level of Imports for Ethiopia
PLMCPPETA670NRUG
Price Level of Imports for Armenia
PLMCPPAMA670NRUG
Price Level of Household Consumption for Serbia
PLCCPPRSA670NRUG
Price Level of Imports for Portugal
PLMCPPPTA670NRUG
Price Level of Exports for Indonesia
PLXCPPIDA670NRUG
Citation
U.S. Federal Reserve, Price Level of Exports for Central African Republic (PLXCPPCFA670NRUG), retrieved from FRED.