Price Level of Exports for Chile
PLXCPPCLA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
4.62%
Date Range
1/1/1951 - 1/1/2019
Summary
The Price Level of Exports for Chile measures changes in the prices of Chilean exports over time. This indicator is crucial for understanding Chile's international trade competitiveness and the impacts of exchange rate fluctuations.
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 for Chile is an index that tracks the prices of goods and services exported from Chile. It is used to analyze the cost-competitiveness of Chilean exports in global markets and can provide insights into the country's economic performance and trade dynamics.
Methodology
The data is collected by Chile's Central Bank through surveys of exporting companies.
Historical Context
Policymakers and analysts use this index to assess the impacts of exchange rate movements, trade agreements, and global economic conditions on Chile's export industries.
Key Facts
- The base year for the Price Level of Exports for Chile is 2010.
- Chile is a major exporter of copper, fruit, wine, and other commodities.
- Fluctuations in this index can affect the profitability of Chilean exporters.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Chile measures changes in the prices of goods and services exported from Chile over time.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding Chile's international trade competitiveness and the impacts of exchange rate fluctuations on its export industries.
Q: How is this data collected or calculated?
A: The data is collected by Chile's Central Bank through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impacts of exchange rate movements, trade agreements, and global economic conditions on Chile's export-oriented economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Chilean Central Bank, but may be subject to revisions and can be influenced by factors like exchange rate changes and global market conditions.
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Citation
U.S. Federal Reserve, Price Level of Exports for Chile (PLXCPPCLA670NRUG), retrieved from FRED.